Asaleo Care has become Essity
05 Jul 2021
Hygiene and health company Essity has finalised its acquisition of the remaining shares in Asaleo Care, as of July 1st, 2021.
Essity is a leading global hygiene and health company, with sales conducted in approximately 150 countries under the leading global brands TENA and Tork, as well as many other market leading brands in the personal care, hygiene and medical consumables categories. Headquartered in Sweden, Essity is listed on the NASDAQ in Stockholm. You can find more information about Essity at essity.com.
Essity AustralAsia will be the name of the regional unit going forward.
“It is with great pleasure we today welcome our new colleagues in Australia, New Zealand and the Pacific Islands to Essity. Together we will continue to improve well-being through our leading products and solutions and facilitate the opportunity for profitable growth in this region”, says Magnus Groth, President and CEO, Essity.
View the ASX announcement for the Implementation of Scheme of Arrangement for more information.