The process will continue towards finalising the acquisition, including the approvals by relevant competition authorities and further local consultation processes.
On November 10, 2011, it was announced that SCA had delivered a binding offer to acquire Georgia-Pacific´s European tissue operations. Georgia-Pacific has a well-established presence in Europe in both Away-From-Home and consumer tissue products. The company’s products are in particular marketed with the well-known Lotus brand.
Georgia-Pacific’s European tissue operations have approximately 5,000 employees and 15 production sites in seven countries. Sales in 2010 amounted to €1.25bn.
Source: Georgia-Pacific
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