SCA’s previously announced divestment of its packaging business, excluding the two kraftliner mills in Sweden, has been completed.
The buyer is DS Smith and the purchase price amounts to EUR 1.7bn on a debt-free basis. SCA’s two kraftliner mills in Sweden are not included in the transaction as they are well integrated with SCA´s forest products operations.
The divested operations have approximately 12,000 employees.
See also previous press releases dated 17 January, 25 April, and 25 May 2012.
Stockholm 2 July 2012, Sweden
For additional information, please contact:
Jessica Ölvestad, Press and Media officer +46 8 788 52 82
NB: This information is such that SCA must disclose in accordance with the Securities Markets Act. The information was submitted for publication on 2 July 2012 at 8.00 CET.