PROFILE |
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Sipping, smoking, shopping -- customers of Tchibo Holding can pick their pleasure. Its coffee division sells Tchibo and Gala brand coffees through bakeries and food stores in Germany and Central Europe. It also operates coffee shops that sell coffee-related accessories as well as an array of housewares, clothing, furnishings, and other impulse items; nonfood merchandise accounts for about 50% of the division's sales. Tchibo Holding also owns a controlling interest in cigarette maker Reemtsma, which sells its West, R1, Davidoff, and other brands in Europe and Asia. In addition, Tchibo owns 28% of Beiersdorf, maker of NIVEA skin care products. The company was founded by Max Herz in 1949 and remains family-run.
COMPETITION |
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British American Tobacco p.l.c. (BTI)
Nestlé S.A. (NSRGY)
Philip Morris Companies Inc. (MO)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 9,477.50
1-Yr. Sales Growth: (3.5)%
Employees: 20,874
Revenue per employee: $454,033.73
KEY PEOPLE |
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Ludger W. Staby
CEO
Wilfried Boysen
CFO
CONTACT INFO |
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Überseering 18
22297 Hamburg, Germany
Phone: 49-40-6387-2935
Fax: 49-40-6387-2530
Online: Web Site
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