Suzano to buy Kimberly-Clark's tissue assets in Brazil

The logo of Kimberly-Clark is seen in Maracay, Venezuela, July 10, 2016. REUTERS/Carlos Jasso

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SAO PAULO, Oct 24 (Reuters) - Brazilian pulpmaker Suzano SA (SUZB3.SA) said on Monday it reached a deal to buy Kimberly-Clark's (KMB.N) tissue paper operations in the country.

In a securities filing, Suzano said the main asset included in the deal is a tissue production plant located in Sao Paulo state. The unit has an annual production capacity of around 130,000 tonnes.

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Source: Reuters

 

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