SCA Hygiene Australasia restructures with joint venture

摘要

SCA has formed a joint venture partnership for its existing operations in Australasia with the Australian company Pacific Equity Partners (PEP). SCA and PEP Fund IV will each hold 50% of the company. SCA Hygiene Australasia was formed when SCA purchased Carter Holt Harvey tissue in 2000. SCA's operations in Australia, New Zealand and Fiji employ about 1,500 people. In 2010, this business had net sales of SEK 4400 million (AUD 644 million), with 70% related to tissue and 30% related to personal care products.