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  • SCA
    Skepparplatsen 1 851 88 Sundsvall
    +46 60 19 30 00
    http://www.sca.com
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    DS Smith’s shareholders approved the acquisition of SCA´s packaging operations

    Today, Friday February 3, 2012, the shareholders of UK-based packaging group DS Smith Plc approved the company´s proposal to acquire SCA’s packaging operations, excluding the two kraftliner mills in Sweden.The transaction remains subject, amongst other things, to antitrust clearance from the European Commission. Closing is expected during the second quarter of 2012. Regarding the French part of the packaging operations, DS Smith has made a formal offer to acquire this business. This process is subject to an information and consultation procedure with the relevant works councils and will

    SCA divests its packaging operations

    SCA’s packaging operations – excluding the two kraftliner mills in Sweden – are divested to DS Smith. The purchase price amounts to EUR 1.7bn on a debt free basis.“The reason for the divestment is primarily to enable increased growth in the hygiene business”, says Jan Johansson, President and CEO of SCA. The packaging operations, excluding the two kraftliner mills, had net sales in 2010 of approximately SEK 24.2bn (EUR 2.5bn) and an operating profit, excluding restructuring costs, of approximately SEK 1.1bn (EUR 117million). The operations have approximately 12,000 employees. The

    Previously announced transaction now completed

    SCA’s divestment of its Asian packaging operation was completed today. The buyer is International Paper and the purchase price amounts to USD 200m in cash.The finalising of the transaction follows approval by the relevant competition authorities. The transaction will not result in any capital gain or loss. The first press release  regarding the transaction was published on 26 April 2010.  Stockholm, 30 June 2010  For additional information, please contact Petter

    SCA divests Asian packaging operation

    SCA today signed an agreement to sell its Asian packaging operation and puts focus on hygiene growth in Asia.The buyer is International Paper and the purchase consideration amounts to USD 200m. In 2009, the Asian operation reported sales of approximately USD 250m and had approximately 4,500 employees at 15 plants in China, Singapore, Malaysia and Indonesia. “We divest our packaging business in Asia in line with our strategy, to focus on our hygiene products there”, says Jan Johansson, President and CEO of SCA. The purchase consideration will be settled in cash. The transaction will result

    SCA appoints new President of its European packaging operations

    Phil Almond is currently responsible for the corrugated business, region Middle Europe, with important markets like Germany, Austria, Poland, Hungary and Czech Republic. He has been employed at SCA Packaging since 1993 where he has held leading positions. Phil Almond takes on his new position as of November 1st. "John Williams joined our company in year 2000 and I wish him the best of luck in his new challenges," says Jan Johansson, President and CEO, SCA. Domtar Corporation is a publicly listed (NYSE/TSX) Montreal Canada based, fine paper company. Domtar is North America’s leading

    Previously announced transaction now completed

    SCA’s divestment of the conventional corrugated business in the UK and Ireland was completed today. The buyer is the Spanish company SAICA and the purchase price amounts to GBP 100 million (EUR 125 million).The finalising of the transaction follows approval by the relevant competition authorities. The transaction will improve operating profit and cash flow, but will not result in any capital gain or loss.SCA will retain and continue to develop the specialized value-added packaging operations in the UK and Ireland. These units show favourable profitability and strengthen SCA’s overall

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