Beiersdorf : Acquisition of Coppertone, n°3 in sun care in the US
>Finally an acquisition At least, this is what investors will say - The announcement last night of the acquisition of Coppertone should be welcomed for several reasons: the group is finally making an acquisition, the size of the transaction is not small enough to be ignored and not large enough (2% of Beiersdorf's sales) to fuel (at this stage) an integration risk and lastly, it is an operation that is geographically a very good fit.It positions Beiersdorf in sun...Beiersdorf manufactures and distributes consumer goods. Co. operates in two business segments: consumer, which is Co.'s main business that focuses on the skin and body care markets, with products including NIVEA's Deodorant Invisible for Black & White, NIVEA Deodorant Stress Protect, NIVEA In-Shower Body Lotion, NIVEA Cellular Anti-Age face care, and Eucerin's VOLUME-FILLER; and tesa, which develops, produces, and markets self-adhesive products and system solutions for industry, craft businesses, and consumers. In the electrical industry, the tesa business segment's adhesive systems are used in mobile devices such as smartphones, tablet personal computers, and MP3 players.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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