Home Investors Acquisitions and Divestments Acquisitions and Divestments Acquisitions and Divestments 2021 Essity acquires sports tape brands from Johnson & Johnson Consumer Inc. Hygiene and health company Essity has acquired Johnson & Johnson Consumer Inc.’s professional sports tape brands Coach, Elastikon and Zonas, which are established premium products in the US market. Essity is a global market leader in taping and strapping and following the acquisition the company will also become leading among US sports medicine distributors. The purchase price is not material relative to Essity’s market capitalization and is not disclosed. Read the full press release Essity completes acquisition of shares in Productos Familia S.A. Hygiene and health company Essity has finalized its acquisition of 45.8% of the shares in Colombian hygiene company Productos Familia S.A. (“Familia”). Essity now owns 95.8% of Familia. The purchase price amounts to USD 1,540m (approximately SEK 13bn) for 100% of the company on a debt free basis. The acquisition is expected to be accretive to Essity’s earnings per share from 2021. Read the full press release Asaleo Care's shareholders accept Essity's offer to acquire remaining shares in the company Further to the announcement on February 16, 2021, that the hygiene and health company Essity had entered an agreement to acquire the remaining 63.8% of the shares in the Australian hygiene company Asaleo Care, Essity today notes the announcement by Asaleo Care, that the company’s shareholders voted in favor of accepting Essity’s offer. Read the full press release Essity acquires remaining shares in ABIGO Medical AB Hygiene and health company Essity has signed an agreement today to acquire the remaining 25% of the shares in the Swedish medical solutions company ABIGO Medical AB. Essity acquired 75% of ABIGO Medical in February 2020. Following the acquisition, ABIGO Medical will be a wholly owned subsidiary of Essity in the product category Medical Solutions. The shares are being acquired from founder and chairman of the board Jan G. Smith at a valuation of SEK 900m for 100% of the company on a debt-free basis. Read the full press release Essity to increase ownership in Productos Familia S.A. Hygiene and health company Essity has made an agreement to acquire approximately 44% of the Colombian hygiene company Productos Familia S.A. (“Familia”). After closing of the transaction Essity’s ownership in Familia will amount to at least 94%. Essity has been an owner in Familia since 1985, and currently owns 50% of the company. The purchase price amounts to USD 1,540m (approximately SEK 13bn) for 100% of the company on a debt free basis. Read the full press release Essity acquires distribution rights to Sorbact in Australia and New Zealand The leading global hygiene and health company Essity is acquiring the distribution rights to the wound care technology Sorbact® in Australia and New Zealand from the Australian company Bayport Brands. In 2020, sales of Sorbact® in the region amounted to AUD 1.7m (approximately SEK 11m). Read the full press release Essity enters agreement to acquire Australian hygiene company Asaleo Care Further to the announcement on December 10, 2020, hygiene and health company Essity has now entered an agreement with hygiene company Asaleo Care to acquire the remaining 63.8% of the shares in the company for AUD 1.40 cash per share. Asaleo Care is listed on the Australian Securities Exchange and Essity is the largest shareholder, currently holding 36.2% of the shares. Read the full press release 2020 Essity acquires smart ultrasound technology for incontinence care Hygiene and health company Essity is strengthening its offering in incontinence products through the acquisition of the Dutch company Novioscan. The company develops a wearable ultrasound technology that monitors the bladder and enables continence control. The purchase price is approximately SEK 70m (EUR 6.5m) on a debt-free basis. Read the full press release Acquisition of ABIGO Medical AB Essity acquires 75% of the medical solutions company ABIGO Medical AB. Read the full press release 2019 Essity divests partly owned company in Turkey Essity is divesting its 50% stake in the partly owned company SCA Yildiz in Turkey to the other part owner Yildiz. Read the full press release 2018 Acquisition of companies in Peru and Bolivia On February 16, 2018, Familia, in which Essity has a 50% stake, acquired the remaining 50% of the company Productos Sancela del Peru with operations in Peru and Bolivia. The consideration transferred amounted to SEK 310m. Essity has consolidated this company as a subsidiary with a non-controlling interest. Prior to the acquisition, the company was consolidated as an associate according to the equity method. The previously owned share of equity was remeasured at fair value in the amount of SEK 225m and recognized as an item affecting comparability in profit or loss. Acquisition of companies in Ecuador On April 3, 2018, Familia, in which Essity has a 50% stake, acquired the company Industrial Papelera Ecuatoriana S.A. (INPAECSA) with operations in Ecuador. The payment transferred amounted to SEK 68m. 2017 Essity was previously part of SCA. For acquisitions and divestments prior to the split, please visit www.sca.com. Company Brands Breaking Barriers to Well-being Contact us Privacy Policy Cookie Preferences Terms and conditions © Essity Aktiebolag (publ). Box 200, SE-101 23, Stockholm, Sweden | Tel +46 8-788 51 00 By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. By clicking "Accept Necessary Cookies" the website will work but without the above mentioned enhancements. Accept All Cookies Accept Necessary Cookies Cookies Settings