SCA increases its ownership in Vinda


SCA has decided to acquire an additional 5 percent of the shares in the leading Chinese tissue company Vinda. The purchase price is around 600 MSEK.

The seller in the transaction is Fu An, a company majority owned by Mr Li, the Chairman of Vinda. SCA’s share in Vinda after the transaction will be 22.6%.

Vinda is one of the most successful tissue producers in China, the second largest tissue market in the world. Currently Vinda commands strong brand recognition in the country and being the third largest player in the China household paper industry in terms of market share and production capacity. The company has eight production facilities with a total production capacity of 470,000 tons and targeting to reach 1 million tons in the coming years.

“The market for tissue products in China continues to grow well and continues to consolidate with the larger players, like Vinda, growing at a significantly faster speed than the market. We intend to be among the leading players in China and we have for this reason taken the decision to increase our ownership in Vinda”, says Jan Johansson, SCA’s President and CEO.

The transaction is subject to receiving consent from some of Vinda’s lending banks. Vinda is listed on the Hong Kong Stock Exchange.

Stockholm, Sweden, 10 April, 2012

For additional information, please contact:

Pär Altan, Vice President Media Relations, phone +46 8 788 5237

Johan Karlsson, Vice President Investor Relations, +46 8 788 5130

NB

This information is such that SCA must disclose in accordance with the Securities Markets Act.

The information was submitted for publication on April 10, 2012, at 11.55 CET.

 

SCA is a global hygiene and paper company that develops and produces personal care products, tissue, publication papers, solid-wood products and packaging solutions. Sales are conducted in some 100 countries. SCA has many well-known brands, including the global brands TENA and Tork. Sales in 2011 amounted to SEK 106 billion (EUR 11.7 billion). SCA has approximately 44,000 employees. More information at www.sca.com

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SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2013 amounted to approximately SEK 93bn (EUR 10.7bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. Mer information på www.sca.com. SCA video libraryhttps://www.youtube.com/user/SCAeveryday?epslanguage=en SCA Media Bankhttp://publicmediabank.sca.com/webgate/keyword.html SCA on Flickr www.flickr.com/photos/hygienematters

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