• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Applications
    • Technology
    • Market
    • Other
    • Top 40
    • Buyers Guide
    • Hygiene Directory
    • More
  • Magazine
  • News
  • Exclusives
  • Applications
  • Technology
  • Market
  • Other
  • Top 40
  • Buyers Guide
  • Hygiene Directory
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    Southeast Asia Edition
    eNewsletter Archive
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Personal Care Wipes Respond to Change

    Spotlight on Spunlace

    Face Mask Market Report

    Biosphere Corporation: Expands into Baby Diaper Production in Ukraine

    Trends in Diapers: Sustainability, Natural Ingredients or Other Features?
    Company Cameo
    Financial News
    Machinery Equipment
    New Products
    Nonwovens News
    Patent Review
    People in the News
    Supplier News
    Top News
    Live From Shows
    Top News
    Believe Diapers Launch in U.S.

    Ontex Develops Smart Adult Diaper

    GDM Virtual Days to Showcase B6-W Red Machine

    Armbrust Expands Product Line Up

    Freudenberg Masks Gain FDA Approval
    Nonwovens Insights
    Online Exclusives
    Absorbent Core
    Adult Incontinence
    Antimicrobials
    Apparel
    Automotive and Transportation
    Chemicals / Adhesives
    Construction
    Contract Services
    Diaper, Baby
    Electronics
    Feminine Hygiene
    Fibers
    Filtration
    Flame Retardance
    Geotextile / Agrotextile
    Home Products
    Hygiene Film/Components
    Industrial / Institutional
    Inspection / Quality Control
    Machinery and Equipment
    Medical
    Wipes

    Believe Diapers Launch in U.S.

    Ontex Develops Smart Adult Diaper

    GDM Virtual Days to Showcase B6-W Red Machine

    Armbrust Expands Product Line Up

    Freudenberg Masks Gain FDA Approval
    Air Through Bonding
    Airlaid
    Carded/Carding
    Chemical Bonded
    Composite
    Meltblown
    Needlepunch
    Nanotechnology
    Spunbond
    Spunlace
    Thermal Bonded
    Wetlaid

    Armbrust Expands Product Line Up

    Spotlight on Spunlace

    Wolf Starts Up Meltblown Line

    Armbrust American Adds Meltblown Manufacturing

    Radici Adds Meltblown Line
    China
    Eastern Europe/Russia
    India
    Middle East/North Africa
    North America
    Pacific Rim
    South/Central America
    Turkey
    Western Europe

    Lotus Teknik to Add Wetlace Line

    Shemesh Adds U.S. Headquarters

    Domtar Sells Personal Care Unit

    Jacob Holm to Expand Spunlace Capacity in Candler

    Nice-Pak to Construct New Facility in Mooresville, IN
    Associations
    Contracts / Awards
    Education
    Facilities / Capacity
    Green / Sustainability
    Legal / Regulatory
    Market Data
    Mergers and Acquisitions
    Product Improvement / Innovation
    R&D/Basic Research
    Shows / Events

    Techtextil to be Held in June 2022

    Armbrust American Adds Meltblown Manufacturing

    Techtextil, Texprocess Postponed to 2022

    Shemesh Adds U.S. Headquarters

    Domtar Sells Personal Care Unit
    Chart
    Companies
    All Companies
    Categories
    Company Profiles
    Add New Company
    International Buyers Guide Companies
    Fagus GreCon, Inc

    Investkonsult Sweden AB

    Mechanical Specialties, Inc.

    Shemesh Automation

    Alliance Machine and Engraving
    Brands
    Brand Owners
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • Southeast Asia Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • All Companies
      • Categories
      • Company Profiles
      • Add Your Company
    • Applications
      • Absorbent Core
      • Adult Incontinence
      • Antimicrobials
      • Apparel
      • Automotive and Transportation
      • Chemicals / Adhesives
      • Construction
      • Contract Services
      • Diaper, Baby
      • Electronics
      • Feminine Hygiene
      • Fibers
      • Filtration
      • Flame Retardance
      • Geotextile / Agrotextile
      • Home Products
      • Hygiene Film/Components
      • Industrial / Institutional
      • Inspection / Quality Control
      • Machinery and Equipment
      • Medical
      • Wipes
    • Technology
      • Air Through Bonding
      • Airlaid
      • Carded/Carding
      • Chemical Bonded
      • Composite
      • Meltblown
      • Needlepunch
      • Nanotechnology
      • Spunbond
      • Spunlace
      • Thermal Bonded
      • Wetlaid
    • Market
      • China
      • Eastern Europe/Russia
      • India
      • Middle East/North Africa
      • North America
      • Pacific Rim
      • South/Central America
      • Turkey
      • Western Europe
    • Other
      • Associations
      • Contracts / Awards
      • Education
      • Facilities / Capacity
      • Green / Sustainability
      • Legal / Regulatory
      • Market Data
      • Mergers and Acquisitions
      • Product Improvement / Innovation
      • R&D/Basic Research
      • Shows / Events
    • Top 40 Companies
      • Chart
      • Companies
    • Online Exclusives
    • Hygiene Directory
      • Brands
      • Brand Owners
    • Slideshows
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Whitepapers
    • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
      • Live From Asian Connections
    • Resources
      • Suppliers Gallery
      • Literature Showcase
      • Web Showcase
      • Home Page Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    SCA Shareholders Approve Group Split

    Forest products will operate under SCA and hygiene business will operate under the new name Essity

    Related CONTENT
    • SCA Forms Supply Agreement with Vizient
    • SCA Posts Sales Growth
    • First Quality Gets Partial Win in Lawsuit
    • SCA Finalizes BSN Acquisition
    • Delta Converting Helps Reduce Core Size
    04.06.17
    At the Annual General Meeting of SCA on April 4, the company’s shareholders voted in favor of the Board of Director’s proposal to split the Group into two listed companies. One of these will continue to operate as SCA, an efficient and well-invested forest products company that will include the forest products operations and all forest land currently owned by the Group. SCA’s hygiene business, including the current business areas of Personal Care (including the recently acquired BSN medical) and Tissue will become a leading global hygiene and health company operating under the name Essity.

    The split of the company will be carried out at a suitable time following completion of the listing process, but no later than in the second half of 2017. In addition to their existing shareholding, SCA’s shareholders will also receive shares in the newly listed hygiene and health company Essity in connection with the listing.

    “I am pleased that the shareholders support the Board’s proposal regarding two separate listed companies. This will increase value for shareholders in the long-term through increased focus, customer value, development opportunities and enables each company to successfully realize its strategies. We look forward to an exciting future for our two strong listed companies,” says Magnus Groth, currently president and CEO of SCA and future president and CEO of the new hygiene and health company Essity.

    SCA was founded in 1929 as a forest products company operating in Sweden. Over the years, the company expanded geographically and into other business activities, such as paper products production, personal care, consumer tissue and Away-from-Home tissue. In 2016, the hygiene business accounted for approximately 86% of the Group’s net sales and the forest products business for approximately 14%. Synergies between the operations have diminished over time.

    Today, SCA owns 2.6 million hectares of forest in Northern Sweden, an area corresponding to about 5% of Sweden, making it the largest private forest holding in Europe. With this unique resource as the foundation, SCA has developed a well-invested, resource-efficient industrial operation, designed to generate the highest possible value from the forest using all parts of the tree. The forest products business produces solid-wood products, pulp, kraftliner, publication papers and renewable energy.

    Following the split, Essity will be a leading global hygiene and health company that develops, produces and sells personal care and tissue products. Essity stems from the words ‘essentials’ and ‘necessities,’ a fitting name for the products the new hygiene and health company offers – everyday necessities. Essity’s vision is; dedicated to improving well-being through leading hygiene and health solutions.

    Sales are conducted in approximately 150 countries under globally leading brands including Tena for incontinence products and Tork for Away-from-Home tissue, and under other well-known regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. With the acquisition of BSN medical, a leading medical solutions company, Essity is further strengthening its capabilities in the health arena with brands such as Leukoplast, Cutimed, JOBST, Delta Cast, Delta Lite and Actimove.

    “Hygiene and health are necessities for better lives and our products and solutions play an essential role in improving well-being for people around the world,” says Groth.
    Related Searches
    • acquisition
    • vinda
    • Vision
    • proposal
    Related Knowledge Center
    • Adult Incontinence
    • Western Europe
    • Feminine Hygiene
    Suggested For You
    SCA Forms Supply Agreement with Vizient SCA Forms Supply Agreement with Vizient
    SCA Posts Sales Growth SCA Posts Sales Growth
    First Quality Gets Partial Win in Lawsuit First Quality Gets Partial Win in Lawsuit
    SCA Finalizes BSN Acquisition SCA Finalizes BSN Acquisition
    Delta Converting Helps Reduce Core Size Delta Converting Helps Reduce Core Size
    SCA Wins Victory in Patent Infringement Case SCA Wins Victory in Patent Infringement Case
    INDEX 2017 Exhibitor Preview INDEX 2017 Exhibitor Preview
    Adult Incontinence: A Market Rife with Opportunity Adult Incontinence: A Market Rife with Opportunity
    SCA to Make More Details of Proposed Split Available in March SCA to Make More Details of Proposed Split Available in March
    SCA to do Upgrades in Diapers, Tissue Sites SCA to do Upgrades in Diapers, Tissue Sites
    SCA Releases Statement On Split Proposal SCA Releases Statement On Split Proposal
    SCA To Exit Indian Hygiene Market SCA To Exit Indian Hygiene Market
    SCA Buys BSN Medical SCA Buys BSN Medical

    Related Breaking News

    • Diaper, Baby
      Believe Diapers Launch in U.S.

      Believe Diapers Launch in U.S.

      New baby diaper brand partners with Good+Foundation to facilitate one-to-one diaper matching donations
      02.25.21

    • Feminine Hygiene

      New Zealand to Provide Free Period Products to Students

      Successful Access to Period Products pilot program encouraged government to expand the initiative to all schools
      02.18.21

    • Adult Incontinence
      Ontex Develops Smart Adult Diaper

      Ontex Develops Smart Adult Diaper

      Automatically alerts caregivers via an app when the pad is soiled
      02.18.21


    • Diaper, Baby | Machinery and Equipment
      GDM Virtual Days to Showcase B6-W Red Machine

      GDM Virtual Days to Showcase B6-W Red Machine

      Virtual event featuring GDM's baby open line will be held March 1-5
      02.17.21

    • Mergers and Acquisitions | Pacific Rim

      Essity to Acquire Remaining Shares of Asaleo

      Transaction will facilitate growth in Australia, New Zealand and Pacific region
      02.17.21

    • Diaper, Baby

      First Quality Partners with Cradles to Crayons

      A portion of all Cuties diaper sales will support the national nonprofit
      02.16.21


    • Adult Incontinence | North America

      NorthShore Expands into Canada

      U.S. incontinence brand now stocked by two direct-to-consumer internet retailers
      02.11.21

    • Apparel | Western Europe

      Freudenberg to Establish Apparel Interlining Competence Centers

      Weiheim to concentrate on base material production; Sant´Omero to focus on finishing and coating
      01.22.21

    • Adult Incontinence | Feminine Hygiene
      First Quality Launches Incognito by Prevail

      First Quality Launches Incognito by Prevail

      Pads can provide protection from menstruation and bladder leakage
      01.20.21


    • Diaper, Baby | Feminine Hygiene
      Essity Launches Reusable Underwear Product

      Essity Launches Reusable Underwear Product

      Range includes absorbent products for bladder leakage, menstruation
      01.20.21

    • Mergers and Acquisitions

      TFP Acquires PV3 Technologies

      Purchase expands TFP’s portfolio of products for hydrogen technologies
      01.18.21

    • Adult Incontinence
      TZMO USA, Special Needs Group Form Partnership

      TZMO USA, Special Needs Group Form Partnership

      SNG will sell Seni USA brand adult incontinence products
      01.14.21


    • Adult Incontinence

      Triple W Launches Next Generation Personal Bladder Sensor

      Next gen product is a smaller, less expensive, and more environmentally friendly alternative to disposable diapers
      01.13.21

    • Adult Incontinence | Diaper, Baby | Feminine Hygiene | Mergers and Acquisitions | North America
      Domtar Sells Personal Care Unit

      Domtar Sells Personal Care Unit

      Private equity firm buys business in $920 million deal
      01.08.21

    • Airlaid | Mergers and Acquisitions | North America

      Glatfelter to Buy G-P's U.S. Operations

      Deal includes large airlaid line in NC, pilot facility in TN
      01.06.21

    Trending
    • Fiber Bond VE3 Technology Inactivates SARS-CoV-2 In HVAC Filtration Systems
    • Lemu Group Engineers Mask-Making Machine
    • Ontex Develops Smart Adult Diaper
    • H&V Announces Price Increase
    • Ontex Reports Lower Revenues
    Breaking News
    • Believe Diapers Launch in U.S.
    • Forbes Ranks Rockline Among Best U.S. Employers
    • H&V Announces Price Increase
    • Fiber Bond VE3 Technology Inactivates SARS-CoV-2 in HVAC Filtration Systems
    • Citizens Provides $325 Million Senior Credit Facility to Nice-Pak
    View Breaking News >
    CURRENT ISSUE

    February 2021

    • Personal Care Wipes Respond to Change
    • Spotlight on Spunlace
    • Face Mask Market Report
    • View More >



    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Clinical Trial Finds Metabolic Benefits for Polyphenols Formula
    JRF Technology Debuts Elderberry Oral Film Strip
    Danone Adds to Plant-Based Portfolio with Acquisition of Follow Your Heart Brand
    Coatings World

    Latest Breaking News From Coatings World

    OQ Chemicals Increases Carboxylic Acids, Esters Prices
    Sensory Analytics Announces Issuance of Broad New Patent Covering Coating Thickness Measurement
    Arkema Reports Full-year 2020 Results
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Japan to Lead APAC Assisted Reproductive Technology Devices Market
    Portescap Slotless Brushless DC Motors Receive ISO 13485 Certification
    FDA Breakthrough Device Designation Given to MI Transcatheter Heart Pump
    Contract Pharma

    Latest Breaking News From Contract Pharma

    High Purity New England Bolsters Biopharma Solutions Services
    AMRI Contributes to Efforts to Increase COVID-19 Vax Supply
    CatSci Opens New Site in UK
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Biden Prioritizes PPP Relief for the Beauty Industry
    Christie Brinkley Joins SBLA Beauty
    Madison Reed Raises $52 Million in Financing Round
    Happi

    Latest Breaking News From Happi

    Peeps X HipDot Is Ready To Hatch
    MAC Cosmetics Launches Foundation
    ACI Unveils New Online Resources
    Ink World

    Latest Breaking News From Ink World

    Etiflex Enters New Markets with Nilpeter FA-22 Installation
    Hydrocarbon Solvents Market to Surpass $8.1 Billion by 2030
    Lowe-Martin Adds 2 KODAK NEXFINITY Digital Presses
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    S-OneLP adds to growing team
    Avery Dennison expands automotive portfolio
    Amberley Labels turns to Kurz for embellishments
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Believe Diapers Launch in U.S.
    Forbes Ranks Rockline Among Best U.S. Employers
    H&V Announces Price Increase
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    First Implantation of CTL Amedica's Minimally Invasive Flex Tower
    NuVasive Nabs Simplify Medical for $150M
    SeaSpine Begins Limited Launch of WaveForm TA (TLIF Articulating) 3D-Printed Interbody
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Comercial Kywi Improves Customer Service, Front-Store Operations with Zebra Mobile Solution
    Global Printed Circuit Board Market Projected to Reach $69.32 Billion by 2027
    RFID Locks Market to Reach $9.93 Billion by 2027: Allied Market Research

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login