Suzano Notice to the Market | Acquisition of Kimberly Clark tissue business in Brazil

Suzano S.A. (“Company”) (B3: SUZB3 / NYSE: SUZ), hereby informs its shareholders and the market in general the execution, on October 24th, 2022, of an Equity Purchase Agreement entered into by and between the Company, as Buyer, Kimberly-Clark Brasil Indústria e Comércio de Produtos de Higiene Ltda. (“KC Brasil”), as Seller, and KimberlyClark Worldwide, Inc. (“KC”) as guarantor, for the acquisition, by the Company, subject to certain conditions precedent, of all the quotas held by KC Brasil in a new company that will be the holder of the assets related to the business of manufacturing, marketing, distributing and/or selling of tissue products, including toilet paper, paper towels, napkins, tissues, as well as other paper products in Brazil, including ownership of the brand “NEVE” (“Target Company”). As part of the deal, the other global brands currently used by KC Brasil will be licensed to the Company for a specific term (“Transaction”).

The main asset included in the Transaction consists on a tissue production plant, located in the municipality of Mogi das Cruzes, in the State of São Paulo, with an annual production capacity of approximately 130 thousand tons.

The Transaction is aligned with the Company’slong-term strategy to “advance in the links of the value chain”, as is widely public knowledge, representing geographic complementarity and synergy gains with its current consumer goods business (tissue).
https://s1.q4cdn.com/987436133/files/doc_downloads/2022/10/CM/2022.10.24-Comunicado-ao-Mercado-Contrato-de-Compra-e-Venda-de-Participa%C3%A7%C3%A3o-Societ%C3%A1ria_vfinal.pdf

Related Posts

Sustainable Paper and Packaging From Sugar Beets

Sugar pulp can be applied as a sustainable substitute for wood fibre to produce paper on an industrial scale. Crown Van Gelder recently signed a Letter of Intent with Cosun Beet Company for the joint development of innovative solutions for sustainable paper and packaging materials.

Norske Skog: High energy prices necessitate temporary downtime at the Bruck paper mill

Due to unaffordability of operations in the current energy environment, temporary downtime has been initiated at the Bruck paper mill in Austria. The new boiler scheduled for start-up in April is expected to contribute to alleviate the situation by reducing the mill’s gas consumption and improve its energy supply. The boiler project and the packaging conversion project at the Bruck mill continue as planned. Bruck has delivered newsprint and LWC magazine paper to its customers despite a challenging energy market since the second half of 2021. Although we have secured parts of the mill’s energy supply in March, the energy prices we presently experience make operations at Bruck unsustainable, says Sven Ombudstvedt, President and CEO of Norske Skog. Norske Skog expects underlying EBITDA for the group in the first quarter of 2022 to be approximately in line with the fourth quarter of 2021.

Euro-Graph Publishes Monthly Statistics of the European Graphic Papers Industry

Total European shipments of graphic papers in January 2022 were down 3.3% vs. January 2021 and were down 3.3% year-to-date. Total European shipments of newsprint in January 2022 were UP 0.9% vs. January 2021 and were UP 0.9% year-to-date. Total European shipments of sc-magazine in January 2022 were UP 4.7% vs. January 2021 and were UP 4.7% year-to-date. Total European shipments of coated mechanical reels in January 2022 were down 12.7% vs. January 2021 and down 12.7% year-to-date. Total European shipments of uncoated mechanical (improved & others) in January 2022 were down 2.9% vs. January 2021 and down 2.9% year-to-date. Total European shipments of coated woodfree in January 2022 were UP 9.4% vs. January 2021 and UP 9.4% year-to-date. Total European shipments of uncoated woodfree in January 2022 were down 11.1% vs. January 2021 and down 11.1% year-to-date.
Back To Top
×Close search
Search