SCA divests holding in Bromma Business Jet

Together with the other part-owners, SCA is divesting Bromma Business Jet to Kvalitena, a Swedish investment company focused on real estate.

Together with the other part-owners, SCA has decided to jointly sell Bromma Business Jet.

“We have completed the sales process jointly with the other part-owners. The sale of Bromma Business Jet is in line with SCA’s previous announcement stating that the Group will not own business jets,” says Magnus Groth, President and CEO of SCA.

The divestment is expected to be completed not later than February 29, 2016. The transaction will give rise to costs of approximately SEK 95m and be reported as an item affecting comparability in the third quarter of 2015.

For additional information please contact:
Linda Nyberg, VP Media Relations, 46 8 788 51 58
Johan Karlsson, VP Investor Relations, 46 8 788 51 30

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 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

About Us

The core of SCA’s business is the forest, Europe's largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others’ forests. We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2018 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 1617 bn (EUR 1,8 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at www.sca.com.