NEWS

(19.09.2011 / sha)

SCA: Acquisition of hygiene products company in Brazil

SCA is acquiring the Brazilian hygiene products company Pro Descart. Consideration for the deal amounts to SEK 450 million on a debt-free basis. The company has annual sales of SEK 360 million.

“I am very happy that we are now establishing ourselves in Brazil, which is also of strategic significance,” comments Jan Johansson, President and CEO of SCA. “We have for some time worked on finding the right solution for entering this important emerging market. With this acquisition of Pro Descart, we now have a presence throughout Latin America.”

Pro Descart is a family-owned company focused on incontinence care products, but also sells baby diapers and wet wipes. The company, with approximately 400 employees, has manufacturing in the Sao Paulo area.