Regulatory News:
SCA (STO:SCAA)(STO:SCAB):
Georgia-Pacific´s acceptance of SCA’s binding offer follows
consultations with appropriate works councils. As a result, a sales and
purchase agreement has been signed by both parties.
The process will continue towards finalizing the acquisition, including
the approvals by relevant competition authorities and further local
consultation processes.
November 10th, 2011, it was announced that SCA had delivered a binding
offer to acquire Georgia-Pacific´s European tissue operations.
Georgia-Pacific has a well-established presence in Europe in both
Away-From-Home and consumer tissue products. The company’s products are
in particular marketed with the well-known Lotus brand.
Georgia-Pacific’s European tissue operations have approximately 5,000
employees and 15 production sites in seven countries. Sales in 2010
amounted to EUR 1.25bn (SEK 11.9bn).
NB
This information is such that SCA must disclose in accordance with the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication on February 8, 2012, at 08.30
CET.
SCA is a global hygiene and paper company that develops and produces
personal care products, tissue, packaging solutions, publication papers
and solid-wood products. Sales are conducted in some 100 countries. SCA
has many well-known brands, including the global brands TENA and Tork.
Sales in 2011 amounted to SEK 106 billion (EUR 11.7 billion). SCA has
approximately 43,000 employees. More information at www.sca.com
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