SCA to Become Two Listed Companies: the Forest Products Company SCA and the Hygiene and Health Company Essity

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SCA to Become Two Listed Companies: the Forest Products Company SCA and the Hygiene and Health Company Essity

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Summary

“Hygiene and health are necessities for better lives and our products and solutions play an essential role in improving well-being for people around the world,” says Magnus Groth, currently President and CEO of SCA and future President and CEO of the new hygiene and health company Essity.  

Monday, April 10, 2017 - 1:45pm

CONTENT: Article

At the Annual General Meeting of SCA, the company’s shareholders voted in favor of the Board of Director’s proposal to split the Group into two listed companies. One of these will continue to operate as SCA, an efficient and well-invested forest products company that will include the forest products operations and all forest land currently owned by the Group. SCA’s hygiene business, including the current business areas of Personal Care (including the recently acquired BSN medical) and Tissue will become a leading global hygiene and health company operating under the name Essity.

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Keywords: Media & Communications | Essity | SCA | forest products company | hygiene and health company | sustainability

CONTENT: Article