04.01.12

Svenska Cellulosa AB: Update on Joint Venture in Australia

Svenska Cellulosa AB: Update on Joint Venture in Australia
Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der ECOreporter.de-Redaktion bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.

SCA has now completed the previously announced transaction of creating a joint venture in Australasia.

The joint venture is formed through the sale of 50% of the SCA operations in Australasia to the Australian-based Pacific Equity Partners (PEP). The finalisation of the transaction follows approval by the relevant authorities. The first press release regarding the transaction was published on 4 November 2011.

NB This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on January 4, 2012, at 10.00 CET.

SCA is a global hygiene and paper company that develops and produces personal care products, tissue, packaging solutions, publication papers and solid-wood products. Sales are conducted in some 100 countries. SCA has many well-known brands, including the global brands TENA and Tork. Sales in 2010 amounted to SEK 107 billion (EUR 11.3 billion). SCA has approximately 45,000 employees. More information at www.sca.com

Contacts:

Svenska Cellulosa AB
Jörgen Olsson, Press and Media Officer
+46 8 788 51 29
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