SCA acquires hygiene products company in Brazil
SCA is acquiring the Brazilian hygiene products company Pro Descart. Consideration for the deal amounts to SEK 450m on a debt-free basis. The company has annual sales of SEK 360m.Brazil is the most highly populated country in South America, with 190 million inhabitants and a favourable economic growth. The market for hygiene products has a good growth potential, this applies especially for incontinence care products, having shown double digit growth. “I am very happy that we are now establishing ourselves in Brazil, which is also of strategic significance,” comments Jan Johansson,