SCA has completed its acquisition of the Asian hygiene products company Everbeauty, strengthening the company’s market and brand positions in one of the group’s prioritized growth regions. The purchase price for the deal amounts to approximately $290 million (SEK 1.9 billion) on a debt-free basis.
Everbeauty produces, markets and distributes baby diapers and incontinence care products under its 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.