Growth and value creation through M&A is an important part of Essity’s strategy. Read more further down the page.

2023

December 14, 2023
Pre-conditional public offer announced for 100% of the shares in Essity’s subsidiary Vinda
Isola Castle Ltd, a company indirectly wholly owned by Asia Pacific Resources International Limited (APRIL), has today announced that it will make a pre-conditional public offer to the shareholders of Vinda International Holdings Limited (Vinda) to acquire 100% of the shares in Vinda for a price per share of HKD 23.50. Essity supports the offer and has signed an irrevocable undertaking to accept the offer in respect of all of its 51.59% shareholding in Vinda. The price in the public offer will correspond to an equity value of Vinda of approximately HKD 28.3bn (SEK 37.3bn).
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July 17, 2023
Essity has exited the Russian market  
The hygiene and health company Essity has completed the divestment of its operations in Russia for a purchase price of approximately SEK 1.2bn on a cash and debt-free basis. Essity has thus exited Russia.
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June 10, 2023
Essity divests Russian operations
The hygiene and health company Essity divests its operations in Russia. Essity has signed an agreement with a buyer and the transaction has now been approved by the Russian authorities. The transaction is expected to be finalized during the second quarter of 2023.
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2022

September 1, 2022
Essity finalizes acquisitions of Knix and Modibodi
Hygiene and health company Essity has finalized the acquisitions of the Canadian company Knix Wear Inc. (“Knix”) and the Australian company Modibodi, both leading providers of leakproof apparel for periods and incontinence. With these acquisitions, Essity will become the global market leader within leakproof apparel*, the fastest growing product segment in Intimate Hygiene which includes Feminine Care and Incontinence Products.
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July 8, 2022
Essity acquires Knix and takes global lead in leakproof apparel
Hygiene and health company Essity acquires 80% of the Canadian company Knix Wear Inc. (“Knix”), a leading provider of leakproof apparel for periods and incontinence. The purchase price amounts to USD 320m (approximately SEK 3.3bn) on a cash and debt free basis for 80% of the company. Through the acquisition Essity will become the global market leader within leakproof apparel*, the fastest growing product segment in Intimate Hygiene which includes Feminine Care and Incontinence Products.
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July 7, 2022
Essity acquires Modibodi – a leading leakproof apparel company
Hygiene and health company Essity acquires the Australian company Modibodi, a leading leakproof apparel company in Australia, New Zealand and UK. The purchase price amounts to AUD 140m (approximately SEK 985m) on a cash and debt free basis. Through the acquisition, Essity will strengthen its position in leakproof apparel, the fastest growing product segment in Intimate Hygiene which includes Feminine Care and Incontinence Products.
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February 2, 2022
Essity acquires wiping and cleaning company
Hygiene and health company Essity has acquired the US professional wiping and cleaning company Legacy Converting, Inc. The company offers products within the categories of sanitizing and disinfecting wet-wipes, chemical-ready wipes and dry wipes. The purchase price amounts to USD 40m (approximately SEK 370m) with a potential additional earnout amount of USD 10m (approximately SEK 90m) on a cash and debt-free basis. Essity is the world’s largest supplier of products and services in the market for professional hygiene with its leading Tork brand.
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2021

December 29, 2021
Essity acquires advanced wound care company in US
Hygiene and health company Essity has acquired the company Hydrofera. The company offers technology and products within advanced wound care. The purchase price amounts to USD 116m (approximately SEK 1.1bn) with a potential additional earnout amount of USD 15m (approximately SEK 137m) on a cash and debt free basis. The acquisition supports Essity’s strategic priority to grow through acquisitions in Medical Solutions.
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December 21, 2021
Essity acquires US medical solutions company within orthopedics
Hygiene and health company Essity has acquired the orthopedic specialist company AquaCast Liner, a provider of waterproof cast liners on the US market. Growing through acquisitions in Medical Solutions is a key strategic priority for Essity and with this acquisition the company is strengthening its leading market position in fracture management while extending its portfolio offering in the waterproof and water-resistant cast segment. The purchase price is not material relative to Essity’s market capitalization and is not disclosed.
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November 1, 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.
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August 31, 2021
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.
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July 2, 2021
Essity’s acquisition of ABIGO Medical is completed
The process following the acquisition of the remaining 25% of the shares of ABIGO Medical AB is completed and the company is now a wholly owned subsidiary of Essity. As per the terms of the transaction, ABIGO Medicals pharma business has been divested and sold to the company’s founder Jan G. Smith.
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July 1, 2021
Today Australian hygiene company Asaleo Care becomes Essity
Hygiene and health company Essity has today finalized its acquisition of the remaining 63.8% of the shares in the Australian hygiene company Asaleo Care. Essity AustralAsia, which is the name of the regional unit going forward, will be consolidated into Essity’s accounts as of July 1st , 2021.
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June 1, 2021
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. 
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April 27, 2021
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.
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April 22, 2021
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.
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April 6, 2021
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).
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February 16, 2021
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.
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2020

April 1, 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.
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February 27, 2020
Acquisition of ABIGO Medical AB
Essity acquires 75% of the medical solutions company ABIGO Medical AB.
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2019

May 21, 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.
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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.


Growth and value creation through M&A
Growth and value creation through M&A is an important part of Essity’s strategy. Various strategic opportunities are constantly evaluated, but not all opportunities meet our high standards for sustainable growth. To ensure a proper and comprehensive due diligence process, both internal and external stakeholders are involved in the M&A process.

We believe that evaluating all potential acquisitions from multiple perspectives is essential. That's why we undertake a rigorous due diligence process, examining everything from financial performance and strategic fit to environmental, social, and governance (ESG) factors. Our due diligence process includes evaluating potential risks and opportunities related to human rights, labor rights, anti-corruption, and environmental sustainability.

At Essity, we understand that M&A activity can have significant implications for all stakeholders involved, and we strive to ensure that any acquisition we make aligns with our values and contributes to sustainable growth for both our company and society as a whole.