In Brief: Wella AG
This article was originally published in The Rose Sheet
Executive Summary
Wella AG: Splits subsidiary Londa GmbH into two independent companies. Londa Vertriebs GmbH, now handles distribution of the firm's Londa professional and consumer hair care products, which are sold in Eastern Europe. Londa's Steinberg manufacturing operations, now named Londa Produktions GmbH, will produce hair coloring products for Londa and Wella. Londa's other products are manufactured at Wella plants in Europe. In 1995, Wella said its Londa subsidiary generated approximately 50 DM in sales...