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Hygiene firm acquires tissue paper company.
January 26, 2016
By: TOM BRANNA
Editor
Hygiene firm SCA, which touts the Tork brand, has acquired Wausau Paper Corp., a North American away-from-home tissue company, in a $513 million cash deal. “SCA is the world’s leading supplier of Away-from-Home tissue with the global brand Tork. This acquisition is an excellent strategic fit and makes us a stronger supplier in North America. The acquisition will generate benefits for SCA and our customers,” said Magnus Groth, President and CEO, SCA.
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