Beiersdorf to Invest Around $200 Million in New German Hub
June 22 2021 - 8:14AM
Dow Jones News
By Mauro Orru
Beiersdorf AG said Tuesday that it would invest 170 million
euros ($202.6 million) over the next few years to build a new hub
for the European market in the German city of Leipzig.
The German maker of Nivea skin cream said the new hub would be
in the immediate vicinity of a new production plant, for which
Beiersdorf previously earmarked an investment of EUR220
million.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
June 22, 2021 08:03 ET (12:03 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Beiersdorf (TG:BEI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Beiersdorf (TG:BEI)
Historical Stock Chart
From Apr 2023 to Apr 2024
