Beiersdorf acquires majority stake in S-Biomedic

(Reuters) – Beiersdorf said on Friday it had acquired a majority stake in Belgian biotechnology company S-Biomedic NV.

S Biomedic is to continue operating on its own under Beiersdorf’s existing microbiome programme, Beiersdorf added in a statement.

The purchase price was not disclosed.

(Reporting by Tristan Chabba in Gdansk, editing by Rachel More)

tagreuters.com2022binary_LYNXMPEIBF0EY-VIEWIMAGE

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.