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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 will own 51 ...
Investing.com -- Shares of Suzano Papel e Celulose SA ADR (NYSE: SUZ) surged 7.7% following the announcement of a joint venture with Kimberly-Clark (NYSE: KMB) Corporation (NASDAQ: KMB), which saw its ...
The deal now has Kimberly-Clark holding a 49% stake and Suzano paying around $1.73 billion for a 51% stake. The deal is slated to close in mid-2026.
Kimberly-Clark on Thursday announced a partnership with Brazilian pulp and paper producer Suzano to split ownership of Kimberly-Clark's international tissue and paper products business.
Suzano S.A. (NYSE: SUZ) has entered into a joint venture with Kimberly-Clark (NYSE: KMB), as disclosed in a recent SEC filing.The collaboration aims to enhance both companies’ capabilities in the ...
Kimberly-Clark will own a 49% interest in the new venture, which will include substantially all the assets of its International Family Care and Professional (IFP) business, and Suzano will own 51%.
SÃO PAULO, June 05, 2025--Suzano, the world’s largest pulp producer, and Kimberly-Clark, a global leader in the consumer staples industry, today announced the creation of a US$3.4 billion joint ...