Kleenex-Owner Strikes a Deal for Its International Tissue Business

Wall Street Journal (06/05/25) Thomas, Lauren; Dummett, Ben

Kimberly-Clark has inked a more than $3 billion deal for its Kleenex and tissue businesses outside of North America, as the maker of Scott toilet paper and Huggies diapers aims to place greater emphasis on more profitable areas. Under terms of the deal, the consumer-products giant will enter into a strategic partnership with Suzano, a major pulp producer headquartered in Brazil. Kimberly-Clark would own a 49 percent stake in the new joint venture, with Suzano owning the remainder. Suzano has the option to buy Kimberly-Clark's remaining ownership interest in the future.

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