Suzano and Kimberly-Clark to form a joint venture in a $3.4bn deal.

Suzano, a Brazilian producer of paper and pulp, and Kimberly-Clark, an American multinational consumer goods and personal care corporation, agreed to form a joint venture in a $3.4bn deal. "This new company brings together two global players that are leaders in their respective markets, with complementary capabilities that combine Suzano’s industrial expertise and operational management efficiency with Kimberly-Clark’s know-how in brand management, marketing and commercialization of both regional and global brands, as well as its extensive experience in managing operations across multiple regions worldwide," Beto Abreu, Suzano CEO.