Essity completes acquisition of shares in Productos Familia S.A.
Hygiene and health company Essity has finalized its acquisition of 45.8% of the shares in Colombian hygiene company Productos Familia S.A. (“Familia”). Essity now owns 95.8% of Familia. The purchase price amounts to USD 1,540m (approximately SEK 13bn) for 100% of the company on a debt free basis. The acquisition is expected to be accretive to Essity’s earnings per share from 2021.“I’m happy to welcome our Familia colleagues into the Essity family. Together we will build an even stronger platform in Latin America to further increase growth, profitability and efficiency as well as