Breaking News

SCA Buys Latin Diaper Maker

July 21, 2010

Copamex has presence in Mexico, Central America

SCA is purchasing the Copamex baby diaper business in Mexico and Central America for a reported $50 million.

A maker of well-known brands including Dry Kids for the Mexico and Tessy Babies in South America, Copamex's sales were $60 million last year. It holds a number three position in the Mexican baby diaper market.

"The acquisition will strengthen SCA's presence in Latin America and create a base for expansion in its baby diaper business in Mexico and Central America,"said CEO and president Jan Johansson.

The transaction will be complete during the third quarter.

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