Deals
Nivea Owner Buys Coppertone Sun Care for $550 Million
- Unit has sales of about $213 million, with big U.S. presence
- Sunscreen scrutiny, competition heating up in American market
Coppertone sunscreen
Photographer: Joe Raedle/Getty ImagesThis article is for subscribers only.
American sunscreen brand Coppertone has a new owner, just in time for beach season.
Beiersdorf AG agreed to buy Bayer AG’s Coppertone brand of sun-care products for $550 million, bolstering a line of skin creams that already includes the Nivea brand.