Overview
Description
Beiersdorf AG Unsponsored ADR represents the American Depositary Receipt for Beiersdorf AG, a company headquartered in Hamburg, Germany. This financial instrument allows U.S. investors to purchase stocks of foreign companies, in this case, Beiersdorf AG, through the means of a U.S.-traded ADR. The company's core business comprises skin care and cosmetics products, with iconic brands such as NIVEA, Eucerin, and La Prairie under its portfolio. As these come highly valued for their quality and consumer trust globally, Beiersdorf's presence in the healthcare and personal goods sectors is significant. The ADR facilitates investment in Beiersdorf AG without the complexities associated with trading directly on foreign exchanges, providing liquidity and simplifying currency conversions for American stakeholders. Through its global operations and trusted brand image, Beiersdorf AG continues to hold a critical role in international markets.
About
CEO
Mr. Vincent Warnery
Employees
22925
Address
Beiersdorfstrasse 1-9
Hamburg, 22529
Hamburg, 22529
Phone
49 40 4909 0
Website
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Household & Personal Products
Country
United States
MIC code
PINX