Essity prepares sale process for Consumer Tissue division, reports say
Essity is reportedly preparing to launch a bidding process for its Consumer Tissue division, with a separate listing of the unit as an alternative under review. Management is said to be working on deal preparations ahead of a formal process, according to reports cited by the source; no timetable or valuation has been reported. The review follows volume and pricing pressure in lower and mid-tier tissue products.
Why this mattersA sale or listing would take tissue volumes out of Essity's portfolio and put a large European consumer tissue business in play for trade and financial buyers.
- Essity is reportedly preparing a bidding process for its Consumer Tissue division
- Separating Consumer Tissue into a newly listed company is one option under review
- Management is said to be working on deal preparations ahead of a formal process
- The report cites volume and pricing pressure in lower and mid-tier tissue products
- No timetable or valuation for a sale or listing has been reported
Sources
simplywall.st