European joint venture BSN starts life:
This article was originally published in Clinica
Executive Summary
Operations have begun at BSN Medical, the 50:50 joint venture set up between UK company Smith & Nephew and German company Beiersdorf. BSN combines the two companies' traditional woundcare, casting, bandaging and phlebology businesses. The Germany-based company has sales of over £300 million ($430 million) and has manufacturing sites in the US, UK, Germany, France, Ireland, South Africa, Mexico and Pakistan. Graham Siddle, most recently commercial director at S&N, is CEO of BSN.