SCA Divests Publication Paper Mill in Laakirchen
STOCKHOLM -- December 19, 2012
SCA (STO:SCAA)(STO:SCAB) is divesting its Austrian publication paper mill in
Laakirchen to Heinzel Group. In conjunction with the divestment, SCA and
Heinzel Group have concluded a sales cooperation agreement.
In 2011 Laakirchen reported totaled sales of EUR 335m and had just over 500
employees. The annual capacity amounts to more than 500,000 tons.
The initial purchase consideration is EUR 100m with a possible maximum
additional purchase price of EUR 100m based on a two-year profit-sharing
model. In conjunction with the transaction, an impairment of EUR 50m has been
recognized, which will be charged to profit in the fourth quarter of 2012.
The transaction is expected to be finalized in the first quarter of 2013
following approval by the relevant authorities.
In conjunction with the divestment, SCA and Heinzel Group have concluded a
sales cooperation agreement. SCA Forest Products’ and Heinzel Group’s sales
organisations complement each other and SCA will have a stronger
representation on several markets for its publication paper, pulp and
kraftliner products. The sales collaboration is scheduled to come into effect
when the transaction has been finalized.
Following the divestment of Laakirchen, SCA’s remaining publication papers
operations will be concentrated to Sweden, close to its forest holding.
Stockholm, December 19, 2012
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 December 19, 2012, at 08.25 CET.
SCA is a leading global hygiene andforest company that develops and produces
personal care products, tissue and forest products. Sales are conducted in
some 100 countries. SCA has many well-known brands, including the global
brands TENA and Tork. Salesin 2011 amounted to SEK106 billion (EUR11.7
billion). SCA has approximately 37,000 employees. More information at
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Louise Tjeder, Director Investor Relations
+46 8 788 51 62
Jessica Ölvestad, Press and Media Officer
+46 8 788 52 82
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