Tuesday, November 13, 2012

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Beiersdorf to Acquire 100% of Turkish Affiliate

By earthyflavorance on Nov 12, 2012 07:32 am

Posted: November 6, 2012 Beiersdorf AG announced that, effective January 1, 2013, it will acquire the remaining 50% equity in the EBC Eczacibaşi-Beiersdorf Kozmetik Ürünler Sanayi ve Ticaret A.Ş., a Turkish affiliate for Beiersdorf headquartered in Istanbul. To date, Eczacibaşi Holding A.Ş. and Beiersdorf AG have each held a 50% stake in this company. The ...
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