Beiersdorf: the UE approved the acquisition by Scintia

(CercleFinance.com) - The European Commission has approved the acquisition of sole control of Beiersdorf AG by Scintia Vermögensverwaltungs GmbH ('Scintia'), both of Germany, and Scintia's ultimate solely controlling shareholder, a natural person.


Beiersdorf is a globally active producer and supplier of skin, body and hair care products, as well as self-adhesive products. Scintia is an investment company.

The Commission concluded that the proposed acquisition would raise no competition concerns, given that Scintia and its shareholder already have joint control of Beiersdorf and there are no overlaps between the companies' activities.

The transaction was examined under the simplified merger review procedure.

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