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Press Releases
2022-09-14 15:00
Essity presents new organization and changes to the Executive Management Team
To strengthen its competitiveness and increase efficiency, Essity is today announcing the following changes to its organizational structure and Executive Management Team, valid as of December 31, 2022.
2022-09-14 10:20
Essity raises EUR 500m in the bond market
Essity has raised EUR 500m in the bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 3.094% with a maturity date of September 21, 2026, corresponding to mid swaps +0.70 percentage points.
2022-09-13 07:00
Additional cost increases require new comprehensive price increases
Hygiene and health company Essity is being affected by additional cost increases. Prices for electricity and gas have risen sharply in Europe since July 2022. Costs for the company’s raw materials have also risen significantly in the third quarter. Essity is therefore announcing new comprehensive price increases for all product categories and markets.
2022-09-08 15:00
Change to Essity’s Executive Management Team
Don Lewis, President Professional Hygiene and member of Essity’s Executive Management Team has decided to leave Essity.
2022-09-01 08:00
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.
2022-07-08 08:00
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.
2022-07-07 07:00
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.
2022-06-22 08:00
Invitation to presentation of Essity’s Half-year Report 2022
Essity’s Half-year Report for 2022 will be published on July 21, 2022, at approximately 07:00 CET. In conjunction with publication, a telephone and web presentation will be held at 09:00 CET where President and CEO Magnus Groth will present and answer questions.
2022-06-17 08:00
Essity and UNICEF in Mexico extend successful hygiene partnership
Hygiene and health company Essity and UNICEF in Mexico have signed a new three-year agreement to jointly educate and drive awareness of the importance of good hand hygiene and to break taboos around menstruation. The project, “Hygiene is our right”, highlights the rights of children and young people in relation to health, education and gender equality.