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  • Essity Aktiebolag (publ)
    Box 200, SE-101 23, Stockholm, Sweden
    +46 8-788 51 00
    http://www.essity.com
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    Essity completes the acquisition of Edgewell’s feminine care business

    Hygiene and health company Essity has completed the acquisition of Edgewell Personal Care’s feminine care business, including the Carefree, Stayfree and o.b. brands in North America and global feminine care rights for the Playtex brand. The purchase price for the assets amounts to USD 340m (approximately SEK 3bn) on a cash and debt-free basis. The acquisition supports Essity’s strategy to focus on high margin categories and to grow market positions in the US, the world’s largest hygiene market.The completed asset deal includes a broad product portfolio of liners, pads and tampons under well-

    Essity acquires Edgewell’s feminine care business in North America including the brands Carefree, Stayfree and Playtex

    Hygiene and health company Essity has entered into an agreement to acquire Edgewell Personal Care’s feminine care business, including the brands Carefree, Stayfree and o.b. in North America and Playtex globally. The purchase price for the assets amounts to USD 340m (approximately SEK 3.2bn) on a cash and debt-free basis. The acquisition supports Essity’s strategy to focus on high margin categories and to grow market positions in the US, the world’s largest hygiene market.Essity will acquire Edgewell’s feminine care business, which offers liners, pads, and tampons, through an asset deal. The

    Essity to increase ownership in Productos Familia S.A.

    Hygiene and health company Essity has made an agreement to acquire approximately 44% of the Colombian hygiene company Productos Familia S.A. (“Familia”). After closing of the transaction Essity’s ownership in Familia will amount to at least 94%. Essity has been an owner in Familia since 1985, and currently owns 50% of the company. The purchase price amounts to USD 1,540m (approximately SEK 13bn) for 100% of the company on a debt free basis.“Familia is an innovative and consumer centric company. Our strong relationship dates back more than 30 years. With this acquisition we are building a

    Essity enters agreement to acquire Australian hygiene company Asaleo Care

    Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share. Asaleo Care is listed on the Australian Securities Exchange and Essity is the largest shareholder, currently holding 36.2% of the shares.The consideration implies an equity value on a 100% basis of approximately AUD 760m (approximately SEK 4.9bn) and an enterprise value of AUD 855m (approximately SEK 5.5bn). This represents an EV/EBITDA multiple of 9.6x based

    Essity divests partly owned company in Tunisia

    Hygiene and health company Essity divests its 49% stake in Sancella Tunisia to the other owner Sotupa. Sancella Tunisia offers a range of Essity's products and brands in Tunisia, Algeria, Morocco, and Libya. Essity will retain a presence on these markets through license and distribution agreements.In 2019, Sancella Tunisia reported net sales of SEK 575m (TND 154m). The divestment is expected to give rise to a gain of approximately SEK 25m, which will be recognized as an item affecting comparability when the transaction is completed. The transaction is subject to approval by Tunisian

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