Kimberly-Clark completed the acquisition of Softex Indonesia for $1.2bn.

Kimberly-Clark, an American multinational personal care corporation, completed the acquisition of Softex Indonesia, a manufacturer of sanitary paper products, from a group of shareholders including CVC Capital for $1.2bn. "This acquisition represents a compelling strategic fit and demonstrates our commitment to accelerate growth in developing and emerging markets. Moreover, adding Softex Indonesia and its brands to Kimberly-Clark will enhance our company's underlying growth prospects and help us create even more long-term shareholder value," Mike Hsu, Kimberly-Clark Chairman and CEO.