Jun 01, 2012. SCA’s acquisition of the Asian hygiene products company Everbeauty has been completed. The deal strengthens SCA’s market and brand positions in one of the Group’s prioritized growth regions. The purchase price for the deal amounts to approximately SEK 1.9 billion ($290 million) on a debt-free basis.
SCA completes acquisition of Everbeauty
Jun 01, 2012. /Lesprom Network/. SCA’s acquisition of the Asian hygiene products company Everbeauty has been completed. The deal strengthens SCA’s market and brand positions in one of the Group’s prioritized growth regions. The purchase price for the deal amounts to approximately SEK 1.9 billion ($290 million) on a debt-free basis, as the company said in a press release received by Lesprom Network.
Everbeauty produces, markets and distributes baby diapers and incontinence care products under its strong brand names Sealer and Dr P, respectively, in China, Taiwan and parts of Southeast Asia.
The finalizing of the transaction follows approvals and clearances by the relevant Taiwanese authorities.
SCA is a global hygiene and paper company that develops and produces personal care products, tissue, publication papers, solid-wood products and packaging solutions.
