Germany's Douglas Holding AG has began the process of divesting Hussel, the biggest confectionery chain in the country. After being taken private, Douglas committed to actively managing its portfolio through acquisitions and divestments.
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A potential consolidation of French perfumery chain Nocibe and German books-to-cosmetics retailer Douglas Holding would create France's second-largest perfume retailer.
Douglas Holding said it was exclusively talking with Charterhouse Capital Partners to acquire France-based perfume maker Nocibe.
Douglas Holding Ag was the final bidder for Sephora's rival, Nocibe after offering Euro 500 million.
Nocibe, a French perfume and cosmetic retailer received a lot of interested bidding parties including Douglas Holding and LBO France along with its alliance, Fosun.
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