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Was the Vinda tissue factory acquired by Debao Company?

The Vinda tissue factory was not acquired by Depot. SCA, the original parent company of the Depot brand, is the largest shareholder of Vinda Group.

In 2014, Vinda International Holdings Limited, a major manufacturer of household paper brands in China, announced the signing of an agreement with SCA Group ("SCA"), the company's largest shareholder, the world's leading hygiene products and forestry products company , cooperate to integrate the health businesses of both parties in mainland China, Hong Kong and Macau.

According to the sale and purchase agreement, Vinda Group will acquire SCA’s commercial operations in Mainland China, Hong Kong and Macau for a total consideration of approximately HK$1.14 billion in cash.

In addition, after the completion of the sale and purchase agreement, Vinda Group will also obtain the sustainable and exclusive use of the SCA brand "Tempo Debao" in mainland China, Hong Kong and Macau on a royalty-free basis. right. Vinda Group will also acquire the trademark ownership rights of "Dr.

Vinda Group has acquired multiple SCA global brands "TORK", "TENA Tianning", "Libresse" and "Libero" in mainland China, Hong Kong and Exclusive use rights in Macau. Vinda Group will lead and be responsible for the business operations of these brands in mainland China, Hong Kong and Macau, and SCA will continue to provide product innovation and professional technical support to Vinda Group.

After the transaction is completed, Vinda Group will become a leading and mature multi-brand sanitary products company, operating a series of well-known sanitary products in four major business areas: home care, baby care, feminine care and elderly care. brand that provides high-quality sanitary products. It is expected that the group will further increase its overall market share through different market positioning and marketing strategies of each brand.

Extended information:

On December 28, 2015, Vinda International Holdings Co., Ltd. published a shareholder note regarding the acquisition of SCA’s sanitary products business in Southeast Asia, Taiwan and South Korea. letter.

SCA has leading positions in many personal care product markets in Asia. In terms of incontinence care products, SCA is the industry leader in Taiwan; in terms of baby diaper products, SCA ranks first and second in market share in Malaysia and Singapore respectively; in terms of female care products, SCA has the largest market share in Malaysia. Ranked second in market share.

For the 12 months ended September 30, 2015, the net sales revenue and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of the proposed business were 26 respectively. billion and HK$249 million.

Mr. Mai Tao, CEO of Vinda International, said: "Vinda has always been committed to becoming the leading hygiene products company in China and even Asia. Given that SCA is the leading personal care products company in Asia, this time The acquisition will enable the group to quickly expand the sales network of tissue paper and other personal care products in the pan-Asian region, expand the group's operating scale, and optimize the group's cost-effectiveness."

Vinda Group-Vinda International Integration Ai. SCA’s tissue and personal care businesses in Mainland China, Hong Kong and Macau

Vinda Group-Vinda plans to acquire SCA Asia’s hygiene products business for HK$2.8 billion