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Beiersdorf eyes U.S. opportunities

This article was originally published in The Rose Sheet

Executive Summary

Company it is interested in making acquisitions in the U.S. in order to strengthen its presence stateside, CEO Rolf Kunisch states during its annual meeting in Hamburg, Germany June 11. U.S. is firm's second largest market after Germany, with sales of more than $300 mil., exec reports. "Nevertheless, the U.S. is so big that increasing our sales even further would be helpful," he notes. Company expects consolidated 2003 sales to be up 7% at constant exchange rates, Kunisch projects...



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