Clifford Chance advised the senior lenders, represented by J.P. Morgan Limited and UniCredit Bank AG London Branch, in the context of the acquisition of Nocibé by Douglas Holding AG, the leader in perfume and cosmetic retail in Europe. As a result of this transaction Douglas will become the largest perfume and cosmetics retailer in France with a network of 642 stores.

The team was led by Thierry Arachtingi (partner) and included Pierre-Benoît Pabot du Chatelard and Maroussia Cuny on the financing, and Katia Gruzdova (counsel) on tax aspects.