Michael Herz topic
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Michael Herz (1946-) is the owner of the family-owned Tchibo Holding, one of Germany's largest retail groups, and makers of Tchibo products. Last August he and two brothers bought out Günter and sister, Daniela, for an estimated US$5 billion. With the dispute resolved, the remaining family members faced no resistance bidding for a larger stake in Beiersdorf, maker of NIVEA products.
Tchibo now owns nearly half, assuring that the company, also courted by L'Oréal and Procter & Gamble, remains in...
full article at wikipedia
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