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Suzano & Kimberly-Clark to Form Global Tissue Joint Venture
SUZSuzano S.A.(SUZ) ZACKS·2025-06-06 14:32

Key Takeaways Suzano will hold 51% of a 3.4BtissuejointventurewithKimberly−Clark,transactiontocloseinmid−2026.TheJVspans22plantsacross14countrieswith1M−tonannualoutputand3.4B tissue joint venture with Kimberly-Clark, transaction to close in mid-2026. The JV spans 22 plants across 14 countries with 1M-ton annual output and 3.3B in 2024 net sales. Suzano will pay 1.734Bincashatclosing,aligningwithitsstrategyofscalable,efficientgrowth.SuzanoS.A.(SUZ)andKimberly−ClarkCorporation(KMB)announcedthattheywouldcreatea1.734B in cash at closing, aligning with its strategy of scalable, efficient growth.Suzano S.A. (SUZ) and Kimberly-Clark Corporation (KMB) announced that they would create a 3.4-billion joint venture that will manufacture consumer and professional tissue products. Suzano ...