SCA Completes Everbeauty Acquisition

SCA, Stockholm, Sweden, this week completed the acquisition of the Asian hygiene products company Everbeauty. The deal strengthens SCA's market and brand positions in one of the Group's prioritized growth regions. The purchase price for the deal amounts to approximately SEK 1.9 billion ($290 million) on a debt-free basis.

Everbeauty produces, markets, and distributes baby diapers and incontinence care products under its strong brand names Sealer and Dr P, respectively, in China, Taiwan, and parts of Southeast Asia.

The finalizing of the transaction follows approvals and clearances by the relevant Taiwanese authorities.

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