Home News Industry News Kimberly-Clark weighs sale of European tissues business -sources

Kimberly-Clark weighs sale of European tissues business -sources

Kimberly-Clark Corp is exploring a sale of its European tissue business, as it tries to slash costs and combat slowing sales by exiting less profitable areas, according to people familiar with the matter.

The maker of Kleenex tissues and Huggies diapers has contacted private equity firms to gauge their interest in acquiring the business, which is likely to fetch above 1 billion euros ($1.2 billion), the sources said.

Read more...

Source: Reuters

 
paptac-portal
subscription-enewsletter
access-enewsletters
New Job Postings
buckman banner
Paper & Beyond

fpinnovations banner
kadant banner

Precision Roll Grinders

buckman banner
Xerium Banner

Specialty Papers

Cristini Banner
Paper Advance Banner