Breaking News

Beiersdorf Sells Bode Chemie to Paul Hartmann

December 8, 2008

GERMANY: Paul Hartmann AG has signed an agreement with Beiersdorf AG to acquire a 100% interest in Beiersdorf’s affiliate Bode Chemie GmbH & Co. KG. The purchase agreement includes a long-term guarantee for Bode’s Hamburg locations. Ownership is expected to transfer at the end of the year. Bode Chemie, established in 1924, is one of Europe’s leading specialists for disinfection, hygiene and skin protection. Its roster includes Sterillium, an alcohol-based hand disinfectant. The company has approximately 280 employees and sales of approximately $89 million (at current exchange rates) in 2007.

“We see the acquisition of Bode as a strategically important step that excellently complements our focused growth strategy. It offers new opportunities to expand our system solutions in the area of disinfection. Bode has an extremely good reputation on the market. The synergy effects are obvious,” said Dr. Rinaldo Riguzzi, chairman of the executive board of Paul Hartmann AG.

The sale of Bode Chemie is in line with Beiersdorf’s strategy to focus on skin and beauty care.

“The agreement is a good overall solution for all involved,” said Beiersdorf’s chairman of the executive board Thomas-B. Quaas. “Beiersdorf can create good prospects for its affiliate by selling it to Hartmann while systematically pursuing its own successful course in the international growth markets for skin and beauty care.”
  • Fit for Fitness

    Fit for Fitness

    Christine Esposito, Associate Editor||February 21, 2017
    Kinx Active is a new brand targeting women who want beauty products that can stand up to their fitness routines.

  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Cashing In on Coconuts

    Cashing In on Coconuts

    Melissa Meisel, Associate Editor||February 6, 2017
    Organic to Green is making waves for its new oils and eco-friendly packaging.

  • Trade Association Directory 2017

    February 2, 2017
    Contact details of trade associations that serve various segments of our industry and are mentioned frequently in Happi.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Relief for Sensitive Scalps

    Relief for Sensitive Scalps

    Guadalupe Pellon and Annette Mehling , BASF||February 2, 2017
    BASF researchers detail the attributes of the company’s highly effective hair care system focusing on scalp sensitivity.