SCA’s divestment of its packaging operations is completed
SCA’s previously announced divestment of its packaging business, excluding the two kraftliner mills in Sweden, has been completed.
The buyer is DS Smith and the purchase price amounts to EUR 1.7bn on a debt-free basis. SCA’s two kraftliner mills in Sweden are not included in the transaction as they are well integrated with SCA´s forest products operations.
The divested operations have approximately 12,000 employees.
See also previous press releases dated 17 January, 25 April, and 25 May 2012.
Stockholm 2 July 2012, Sweden
For additional information, please contact:
Jessica Ölvestad, Press and Media officer +46 8 788 52 82
NB: This information is such that SCA must disclose in accordance with the Securities Markets Act. The information was submitted for publication on 2 July 2012 at 8.00 CET.
SCA is a global hygiene and forest company that develops and produces personal care products, tissue, publication papers and solid-wood products. 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 32,000 employees. More information at www.sca.com