Douglas AG has set an IPO offer price of €26.00 per share, aiming to raise approximately €850 million and achieve a market capitalization of around €2.8 billion.

Target Information

Douglas AG is a prominent player in the beauty and cosmetics industry, headquartered in Düsseldorf, Germany. The company is currently offering shares as part of an Initial Public Offering (IPO) with an established final price of €26.00 per share. The total number of shares available for purchase is 34,192,455, including 32,692,308 newly issued shares and 1,500,147 existing shares from the shareholder, Kirk Beauty International S.A. Upon successful completion of the IPO, the company anticipates generating approximately €850 million in gross proceeds, affording Douglas AG a market capitalization of roughly €2.8 billion.

Notably, following the IPO, the free float is projected to be around 31.8%. The controlling shareholders, CVC Capital Partners along with the Kreke family, will retain significant stakes, holding approximately 54.4% and 10.2% respectively. This robust structure is anticipated to facilitate ongoing operational stability while enabling investor engagement in the rapidly evolving beauty market.

Industry Overview in Germany

The beauty and personal care industry in Germany is one of the largest markets in Europe, renowned for its diverse product offerings, including cosmetics, skincare, and haircare. The sector has shown resilience even amidst economic fluctuations,