Bayer sells the Dr. Scholl brand
Bayer announces to sell the Dr. Scholl brand to US-based Yellow Wood Partners for 585 million USD – portfolio.hu wrote.
The iconic foot care brand in North America generated 234 million USD in revenue last year and the Boston-based Yellow Wood would consolidate the brand into a standalone company and further invest in growth and profitability. (portfolio.hu)
Related news
Coca-Cola plans to invest $1 billion in Nigeria operations
Coca-Cola plans to invest $1 billion in its Nigeria operations…
Read more >
Bayer enters the strawberry market with UK acquisition
NIAB’s strawberry breeding program allows the biotech giant to develop…
Read more >
The grain trading company is stopping its investments in Russia
Another large agricultural company has announced that it will stop…
Read more >Related news
Easter trends: what are shoppers looking for this year?
Last March, before Easter, nearly 90 thousand boxes, i.e. almost…
Read more >
The Body Shop, an international cosmetics company, and TOURMIX, a Hungarian green logistics startup, enter into a strategic partnership
Two key players in the sustainability market, The Body Shop,…
Read more >
Dethronement in the luxury world: Hermès overtakes LVMH
A new era may be dawning for the luxury industry:…
Read more >
