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 1.9bn (USD 290m) on a debt-free basis.
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.