Share Name Share Symbol Market Type
Beiersdorf AG XE:BEI XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 1.34% 97.98 98.06 98.12 98.72 96.76 97.48 326,421 16:45:00

Beiersdorf to Invest Around $200 Million in New German Hub

22/06/2021 1:14pm

Dow Jones News

Beiersdorf (XE:BEI)
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   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; @MauroOrru94


(END) Dow Jones Newswires

June 22, 2021 08:03 ET (12:03 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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