Swedish hygiene and health firm Essity has entered into an agreement to acquire toiletries giant Edgewell’s feminine care business for $340 million. Through an asset agreement, Essity will take ownership of Edgewell’s feminine care business, which includes liners, pads and tampons. The transaction covers the Carefree, Stayfree and o.b. brands in the USA, Canada, and the Caribbean, global Playtex rights in feminine care, and a manufacturing facility located in Dover, …
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Essity
Swedish hygiene and health firm Essity has announced that it is investing in a new research and development centre in France’s Alsace region. In a press release, the company said the state-of-the-art centre will focus on tissue products in order to meet evolving demand of branded tissue in both the Consumer and Professional Hygiene markets. Commenting on the decision, Magnus Groth, President and CEO of Essity, said: “Essity’s research and …
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