Announced
Financials
Sources
Tags
Turkey
baby care
Pending
Acquisition
baby care products
Private
Miscellaneous Consumer Staple Goods
Friendly
Single Bidder
Private Equity
Synopsis
Essity is divesting its 50% stake in the partly owned company SCA Yildiz in Turkey to the other part owner Yildiz. Financial terms were not disclosed. SCA Yildiz is primarily active in Baby Care products. In 2018, the company reported net sales of SEK 364m ($38m). Essity will retain a presence in Turkey through its wholly owned Professional Hygiene, Incontinence Products and Medical Solutions operations.
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