Beiersdorf acquires 100% of Turkish affiliate

Effective January 1, 2013 Beiersdorf, Hamburg will acquire the remaining 50% equity in the EBC Eczacıbaşı-Beiersdorf Kozmetik Ürünler Sanayi ve Ticaret A.Ş., Istanbul, Turkey. To date, Eczacıbaşı Holding A.Ş. and Beiersdorf AG have each held a 50% stake in this company. The company was founded in 1993. The acquisition is subject to approval by the relevant Federal Trade Commission. Beiersdorf…

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