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Under the deal, Suzano will acquire a 51% stake in Kimberly-Clark’s international tissue business for $1.73 billion in cash, while Kimberly-Clark retains 49% and continues licensing its brands ...
Kimberly-Clark Corp. has agreed to sell a majority stake in its global Kleenex and tissue businesses outside of North America to a newly-formed venture with Brazilian pulp supplier Suzano SA.
Kimberly-Clark on Thursday announced a partnership with Brazilian pulp and paper producer Suzano to split ownership of Kimberly-Clark's international tissue and paper products business.
Kimberly-Clark will own a 49% interest in the new venture, which will include substantially all the assets of its International Family Care and Professional business, and Suzano will own 51%.
Suzano S.A. and Kimberly-Clark Corporation announced a $3.4 billion joint venture to create an international tissue company.
(Reuters) -Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the ...
Forward-Looking Statements This press release contains certain forward-looking statements concerning Kimberly-Clark and the proposed transaction with Suzano to acquire an interest in the IFP business.
Kimberly-Clark KMB 0.07% struck a more than $3 billion deal for its Kleenex and tissue businesses outside of North America as the maker of Scott toilet paper and Huggies diapers aims to focus on ...
Kimberly-Clark announced the recipients of its Bright Futures college scholarships, awarding 30 high school seniors from across North America.
Kimberly-Clark Corporation (NASDAQ: KMB) Goldman Sachs Global Staples Forum Conference Call May 13, 2025 9:35 AM ET Company Participants Mike Hsu - Chairman & CEO Nelson Urdaneta - CFO Chris ...
Kimberly-Clark lowered its profit forecast for the year, in part due to “changes in the global geopolitical landscape.” The maker of Huggies diapers and Scott paper towels now expects its ...
Speed to market Meanwhile, a new regional distribution centre (DC) in Beech Island, South Carolina, will create the infrastructure necessary to support future scale and unlock network efficiencies.
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