Kimberly-Clark Forms Strategic Partnership with Suzano in Consumer Tissue and Professional Products

Details

to form a joint venture in the consumer tissue and professional products sector. This joint venture, which will include substantially all of Kimberly-Clark's International Family Care and Professional (IFP) business, is expected to create a preeminent international company. Kimberly-Clark will own a 49% interest, and Suzano will own 51%. The transaction, expected to close in mid-2026, is subject to regulatory approvals and customary closing conditions. The joint venture aims to leverage the combined capabilities of both companies, reduce costs, and enhance market share. The deal is expected to generate $0.30-0.40 per share in dilution in the first full year after the closing, and Kimberly-Clark plans to return initial cash proceeds to shareholders through share repurchases.

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About Kimberly-Clark Corporation

Kimberly-Clark Corporation is a prominent multinational corporation specializing in the production of essential consumer goods, including personal care and healthcare products. Renowned for iconic brands such as Huggies, Kleenex, and Scott, Kimberly-Clark plays a crucial role in the daily lives of millions worldwide by providing high-quality tissue, paper products, and baby and adult care items. The company's product lineup is widely used across households, healthcare facilities, and businesses, ensuring hygiene and comfort. Kimberly-Clark operates in various sectors, including personal care, consumer tissue, and professional products, impacting industries from retail to healthcare. Its extensive distribution network spans the globe, allowing the company to maintain a strong market presence. Additionally, Kimberly-Clark is committed to sustainability, focusing on responsible supply chain management and environmentally friendly practices to minimize its ecological footprint. With a rich history dating back to its founding in 1872, Kimberly-Clark continues to innovate and expand its product offerings to meet evolving consumer needs. Its strategic initiatives focus on maintaining leadership in the industry while contributing positively to environmental and social outcomes.