The German Bundeskartellamt cleared a merger in the retail market for perfumes and cosmetics subject to remedies including the divestiture of one of the target’s shops (Douglas/Hela)

The operation On 16 November 2006 Douglas Holding AG (“Douglas”) notified the Bundeskartellamt of its proposed acquisition of HELA Kosmetik Handels GmbH & Co. Parfümerie KG (“Hela”) by one of its subsidiaries. Douglas is the controlling company of the Douglas group. Douglas is active in the retail business for perfume and cosmetics. By the end of 2006 Douglas ran 433 shops in Germany, most of which are

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Jonas S. Brueckner, The German Bundeskartellamt cleared a merger in the retail market for perfumes and cosmetics subject to remedies including the divestiture of one of the target’s shops (Douglas/Hela) , 8 March 2007, e-Competitions Bulletin March 2007, Art. N° 20782

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