Georgia-Pacific Agrees to Sell European Tissue Operation to SCA

摘要

SCA said that Georgia-Pacific has accepted its binding offer for GP's European Tissue operations and both parties have signed a purchase and sales agreement."The deal is a strategic fit and will strengthen our product offering and geographic reach in Europe. It also leads to substantial synergies," says Jan Johansson, President and CEO of SCA.On November 10, 2011, SCA delivered a binding offer to ac-quire GP's European tissue operations for EUR 1.32 billion.