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Tuesday, February 26, 2008

February 26, 2008

Beiersdorf AG and logistics service provider Kuehne + Nagel signed an agreement in which the operation of Beiersdorf AG’s key logistics location in Hamburg will be transferred to its new business partner.

In line with this, Kuehne + Nagel will take over the management of the main warehouse for the German market as well as handle exports to the international cosmetics group’s foreign affiliates starting in June 2008.

“This new co-operation will bring more flexibility and is a key step towards meeting the constantly rising demands of the competitive European environment.

We have significantly improved our international competitiveness by restructuring our supply and production chain in the last two years,” said Markus Pinger, Beiersdorf AG’s Executive Board Member responsible for logistics.

“Our system cuts costs, is flexible and environmentally friendly and boosts our innovative strength. With it, new products can be launched worldwide extremely quickly.”

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