Germany's Beiersdorf to sell Bode chemicals unit

04 July 2008 11:03  [Source: ICIS news]

LONDON (ICIS news)--German skincare and beauty products maker Beiersdorf plans to sell its Bode chemicals unit, Financial Times Deutschland reported on Friday.

A Beiersdorf spokeswoman told the paper that Bode, which makes products for the healthcare and pharmaceutical industries, was not part of its focus on consumer products.

Bode recorded sales of €70m ($110m) in 2007 and has around 280 employees.

Beiersdorf is the owner of the Nivea personal care brand and maker of Tesa adhesive tapes.

($1 = €0.64)

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By: Hilde Ovrebekk
+44 20 8652 3214

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