Beiersdorf Buys Stake in Salford Valve Co.
05 Mai 2020 - 12:20PM
Dow Jones News
By Mauro Orru
Beiersdorf AG said Tuesday that it has bought a stake in
U.K.-based engineering firm Salford Valve Co.
The German maker of personal-care products said it made the
investment through its Oscar & Paul Beiersdorf Venture Capital
platform, although it didn't disclose financial terms.
Salford Valve Co. develops aerosol valves for use with
ecologically sustainable propellants, Beiersdorf said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
May 05, 2020 06:05 ET (10:05 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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