He has over 30 years of experience in the healthcare industry. On April 1, 2001, the company founded an independent subsidiary, BSN Medical, as a joint venture of Beiersdorf (Hamburg) and the British-based, American-owned Smith & Nephew (London) and serves the market for surgical dressing, orthopaedics and phlebology. Beiersdorf AG is a German multinational company that manufactures and retails personal-care products and pressure-sensitive adhesives. During his more than 13 years in investment banking, Stephan Sturm held various executive positions with BHF-Bank, Union Bank of Switzerland and CSFB in Frankfurt and London. Globally, more than 20 production sites existed. The product range of Nivea as well as of Tesa was expanded. Get the full list, To view Beiersdorfs complete subsidiaries history, request access, To view Beiersdorfs complete exits history, request access, Wound closure preparation containing active ingredients, Member of the Supervisory Board, Finance Committee, and Nomination Committee & Chairwoman of the Audit Committee, Chairman of the Finance Committee & Member of the Supervisory Board, Presiding Committee, Audit Committee, and Personnel Committee. Prior to that, he was Chief Financial Officer of E.ON SE. Due to this, the company could switch to a mechanical system and to expand the product range. Ernst Wastler became a member of the VAMED AG Management Board in 1998 and was responsible for projects and services central Europe. In 1928, the Beiersdorf stocks were dealt for the first time on the stock exchange in Hamburg. - Current and Past Investments Please contribute data. [4], In 1974, the company introduced a divisional organization for cosmed, medical, pharma and Tesa. In 1974, the company established a divisional organization, divided into cosmetics, medical, pharma and Tesa. In the 1990s, Beiersdorf repurchased the last missing trademark rights especially in Great Britain, Australia and South Africa and became one of the biggest skin care brands in the world. In April 2001, the Tesa business segment was founded as an independent unit within Beiersdorf. In 2006 BSN medical was sold to Montagu Private Equity for 1.03 bn euros. Europe is the key market with 58 locations but the company keeps building its presence in markets around the world. [8]. This is a profile preview from the PitchBook Platform. By clicking on "Yes", you agree to the use of these cookies. It took some years to come back on the international stage as Beiersdorf had to rebuy the trademark rights. - Performance Benchmarks In the year 1972, Beiersdorf employed more than 10.000 people worldwide. Another share holder, a private family, retained their share. - Historical Track Records In 2001, Tesa was founded as a subsidiary of Beiersdorf AG. Contact us with any questions or concerns at info@preqin.com or locate your nearest office. Fresenius Kabi In 1892 Troplowitz bought a property for the new company's headquarters and Beiersdorf moved to Hamburg-Eimsbuettel. Furthermore, most of the international subsidiaries had been expropriated and Beiersdorf lost the Nivea trademark rights. Rachel Empey, who is British and German, is a chartered accountant and holds an MA (Hons) in Mathematical Sciences from the University of Oxford. Due to the pressure of the National Socialists, in 1933 Jewish board members like the chairman Dr. Willy Jacobsohn had to resign. The company operates through two business segments. During the Nazi regime, Carl Claussen was chairman and led the company through the difficult time. (since April 2021), Business Segment BSS, to which Beiersdorf's IT and accounting services were outsourced, operates independently but serves as an internal partner for the whole Beiersdorf group. Are you sure you want to delete your template? In 2000, Francesco De Meo became head of the legal and human resources departments of Helios. [5], In 1951, the company launched its first deodorizing soap. [14], Since 22 December 2008, Beiersdorf AG has been traded on the Deutschen Aktienindex (DAX). Request a Preqin Pro demo for full access to all profiles and underlying data. Chairman of the Supervisory Board, Lawyer & Partners, Preqin Anywhere (API, Data Feeds & Plugins), LP & Capital Allocator Solutions (Colmore), Placement Agents and Third-Party Marketers, Consulting and Corporate Advisory Services, Portfolio Allocation in Alternatives: Private Equity, Fund Size and Performance: Venture Capital, Preqin Special Report: Top Performing Hedge Funds in 2021, Portfolio Allocation in Alternatives: Private Debt, Global Energy Crisis and Alternative Assets Webinar, Australian Private Capital: Opportunities Amid Uncertainties. Get the full list, To view Beiersdorfs complete patent history, request access, Youre viewing 5 of 17 executive team members. Beiersdorf is majority-owned by Maxingvest. z o.o.). Before joining Helios, Francesco De Meo was director of Rauser AG, a management consultancy in Reutlingen, as well as a practicing attorney. in Berlin and Dubai. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Consumer provides skincare and beauty care products and operates portfolio brands such as Nivea, Eucerin, La Prairie, Labello, Hansaplast, Elastoplast, and Florena. She started her career as an auditor at Ernst & Young and business analyst at Lucent Technologies. Jacobsohn emigrated to Amsterdam and managed the international subsidiaries up to the year 1938 when he left Amsterdam and went to the US. This public-private alliance ensured that Beiersdorf's headquarters would remain in Hamburg and continue to provide hundreds of jobs, while paying taxes of approximately 200 mn euros annually. Its headquarters are located in Hamburg, Germany, as well as their research centre where new products are developed. But at the end of the 1990s, 70 percent of the company's sales revenue was being generated outside Germany. Especially Nivea products - the typical cream as well as sun creams, anti age products and baby care. [10] In June 2009 Allianz reduced its holdings from 7.2 to 2.88 percent. Rice Powell, has been CEO of Fresenius Medical Care since January 1, 2013. Besides Nivea, Beiersdorf is owner of other brands like 8x4, Eucerin, Labello, La Prairie, Hansaplast and Florena. Francesco De Meo, joined the Management Board of Fresenius in January 2008 with responsibility for Fresenius Helios. Personalize which data points you want to see and create visualizations instantly. With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers. BSS employs 350 people worldwide, 275 of them in Hamburg. Your file is uploaded and ready to be published. Have updates for this profile? Allianz still held 3.6%; Beiersdorf AG bought up 7.4% of its shares, of which 3% were given to the Beiersdorf pension fund. Stephan Sturm, became Chairman of the Management Board of Fresenius (equivalent to President and CEO) on July 1, 2016, after serving for 11 and a half years as the companys Chief Financial Officer. In 1949, Beiersdorf generated a turnover of 30 million Deutsche Mark. As Troplowitz kept networking internationally, the products became known worldwide. [3], Beiersdorf is organized in two separate business segments: consumer business and Tesa. From 1978 to 1996 he held various positions, among others at Baxter International Inc. and Biogen Inc in the U.S. Michael Sen, joined the Management Board of Fresenius in April 2021 with responsibility for Fresenius Kabi. In the same year Hansaplast was released. Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. The city of Hamburg and its state-owned holding company HGV created such a solution. From the very first year, Tesa could assert its position in the market. Beiersdorf aligned its range of products according to these key areas and expanded the Nivea and Tesa product ranges. 161352 Bad Homburg v.d.H.GermanyT +49 (0) 6172 608-2294pr-fre@fresenius.com. [9] With Nivea and Labello, the company has two strong brands from the first day and developed quickly into an international company. At the start of his professional career, Michael Sen completed an apprenticeship at Siemens in Berlin and then studied business administration at the Technical University of Berlin. Showing 2 of 2 known decision makers at Maxingvest AG, Preqin screens the most influential contacts in alternatives, so you only reach the key decision makers. Hooray! Troplowitz kept working with his scientific consultant Paul Gerson Unna and the German chemist Isaak Lifschtz on a new skin care cream. Fresenius Helios, Business Segment In 1936, Tesa was introduced as umbrella brand for self-adhesive technology. In 2010, he was assumed the position of Vice Chairman of the Management Board and Member of the Management Board responsible for the region North America. This information is available in the PitchBook Platform. BSN Medical had 350 employees in Germany and 3,400 worldwide in 2004. We use cookies to create cross-page statistical evaluations that we use to tailor our web pages to meet your needs. In 2003, a 2-year bidding war ended. You are viewing a preview of this profile. Prior to that, he held several management positions at international business segments of the VAMED Group. You will find more detailed information about these cookies and the associated data processing as well as the possibility of revocation in our data protection policy. After the war, most of the production sites and the administration building in Hamburg lay ruined. In 1909, their first lip care stick, named Labello, was launched. The company kept growing: while in 1890 there were only eleven employees, in 1918 the company already employed about 500 people. Before joining Fresenius in 2005, he was a Managing Director of Credit Suisse First Boston (CSFB), from 2000 as Head of Investment Banking for Germany and Austria, and also served on CSFBs European Management Committee. [6] The site in Vienna is being developed to a center for Central and Eastern Europe. [12], In 2006, the first Nivea Haus in the world opened on Hamburg's Jungfernstieg; others opened in the following years, e.g. Finally, in 1997 the last trademark right was bought back by buying a majority stake of the Polish company Beiersdorf-Lechia S.A. in Poznan (today: Nivea Polska sp. At the same time, he was also appointed Labor Relations Director. In 1981 Beiersdorf generated a turnover of 2 billion Deutsche Mark. Today it offers about 6,500 different adhesive products and adhesive systems.[5]. Tesa focuses on developing self-adhesive products. Ut enim ad minim veniam, quis nostrud exercitation ul, Youre viewing 5 of 43 competitors. [5], Beiersdorf is a global company with more than 160 affiliates worldwide. Sebastian Biedenkopf, joined the Management Board in December 2020 with responsibility for Human Resources (Labor Relations Director), Risk Management and Legal. The other business segment markets self-adhesive system and product solutions, primarily for industrial customers, under the Tesa brand. The annual turnover was 504 mn euros and its operating income reached 70 mn euros. [13], Beiersdorf was fined by Autorit de la concurrence in France in 2016 for price-fixing on personal hygiene products. 2022 PitchBook. Public Fundamental Data provided by Morningstar, Inc. Beiersdorf is a Germany-based company engaged in producing personal-care products, with a focus on manufacturing cosmeti, cididunt ut labore et dolore magna aliqua. Before joining Fresenius Kabi, he was a member of the Management Board of Siemens AG, where he was responsible for the healthcare business Siemens Healthineers and for Siemens energy business. Previously, he headed the international legal department of the Bosch Group for seven years. - ESG Transparency & Risk Exposure. He joined Fresenius Medical Care in 1997 and was appointed to the Company's Management Board and Co-CEO of Fresenius Medical Care North America in January 2004. Win whats next. In 1925, the design of the Nivea Crme tin was changed to the blue and white tin as we know it today. Stephan Sturm holds a degree in Business from Mannheim University. Before joining Conergy AG, Biedenkopf served as General Counsel and Chief Compliance Officer at Maxingvest AG (formerly Tchibo Holding AG) in Hamburg, and in various positions at the Bertelsmann Group. [11], Beiersdorf has been present in India since the 1930s through its brand Nivea. Dr. Oscar Troplowitz and his co-partner Dr. Otto Hanns Mankiewicz both died in 1918. To select individual types of cookies, please use the cookie settings. To explore Beiersdorfs full profile, request access. Also, Max Herz' heirs (Tchibo) took over a share of 25 percent of the company. For other uses, see, Corporate structure and business segments, "Beiersdorf on the Forbes World's Best Employers List", "maxingvest ag - The holding company and its sub-groups", "History of Beiersdorf AG FundingUniverse", "Qatar distributor honoured with Beiersdorf best performance award", "Sieg fr Hamburg: Tchibo und Stadt kaufen Beiersdorf", "Allianz reduziert Anteil an Beiersdorf-Konzern", "Narendra Modi's Gujarat wins Nivea's first India plant", https://en.wikipedia.org/w/index.php?title=Beiersdorf&oldid=1097754858, Companies listed on the Frankfurt Stock Exchange, Multinational companies headquartered in Germany, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 12 July 2022, at 14:14. The Nivea ranges were the most successful the cream including anti-ageing, baby and sun care products.[5]. The first product was the transparent self-adhesive film known as Tesa film. Its brands include Elastoplast, Eucerin (makers of Aquaphor), Labello, La Prairie, Nivea, Tesa SE[de] (Tesa tape) and Coppertone. The consumer business segment focuses on skin care, while the Tesa business, on self-adhesive products. The company standardized the production processes, unified the international brand policy and focused on cosmetics. Get the full list, Youre viewing 5 of 13 investments and acquisitions. Before joining Fresenius on August 1, 2017, she served as Chief Financial and Strategy Officer of Telefnica Deutschland Holding AG and member of the Telefnica Deutschland Management Board, starting in 2011. This was the beginning of what we know today as the brand 8x4. Get the full list, Youre viewing 5 of 18 board members. Finally, on 1 June 1922 the stock company P. Beiersdorf & Co. AG was founded. The Herz family, owner of the German company Tchibo, who already had a stake in Beiersdorf, increased their holdings to 49.9%. Changes to the Supervisory Board and Management Board, Overall assessment of the business situation, Working conditions, recruitment and employee participation, Climate protection - energy and emissions, Consolidated statement of comprehensive income, Consolidated statement of financial position, Consolidated statement of changes in equity. All rights reserved. Numerous products like shaving cream or shampoo were launched in the 1930s. She took care of keeping the advertising messages free from Nazi ideology. From 2008 until 2012, he held various positions at Conergy AG in Hamburg, lastly as Chief Financial Officer and interim Chief Executive Officer. As Lifschtz found the emulsifier Eucerit (= "the beautiful wax"), the basic ingredient of the Nivea Crme was finally there, and they started selling the skin care cream in December 1911. His career began in 1981 in international consulting, engineering and project management at Austroplan GmbH in Vienna. Ernst Wastler, has served as CEO of VAMED AG since July 1, 2001, and joined the Fresenius Management Board on January 1, 2008. Paul C. Beiersdorf's patent for the manufacture of coated plasters, dated 28 March 1882, is regarded as the foundation date of the company. Ernst Wastler studied international business at the Vienna University of Economics and Business Administration and earned a doctorate there in 1983. Fresenius SE & Co. KGaAElse-Krner-Str. For over 70 years, all of Beiersdorf's products were imported into India. Founded in 1949, Maxingvest AG is the parent company of the Tchibo Group and Beiersdorf Group. [15], German multinational consumer goods company, This article is about the company. Procter & Gamble, an American competitor, had sought to purchase Beiersdorf and proposed a take-over deal to Allianz insurance, which then held 19.6% of Beiersdorf's stock.
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