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Kimberly-Clark Forms Joint Venture with Suzano for International Tissue Business, Valued at $3.4B.

Jun 05, 2025•about 1 year ago

Contract Type

partnership

IrvingManufacturingHealth CareMedical

Description

Kimberly-Clark has sold a 51% stake in its international tissue business to Brazil's Suzano for $1.734 billion, while retaining a 49% interest. This joint venture aims to create a leading international tissue and professional products company, enhancing Kimberly-Clark's focus on higher growth areas.

Company Information

Company

Kimberly-Clark Corporation

Location

Irving, Texas, United States

About

Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 70 countries.

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