STOCKHOLM, Sweden, Dec. 14, 2004 (PRIMEZONE) -- SCA has acquired Munksjo's all tissue assets for a purchase price of SEK 249 M (EUR 28 M). Munksjo's net sales in 2004 are expected to amount to about SEK 420 M. Production, which is carried out in Jonkoping, Sweden and Drammen, Norway, amounts to approximately 45,000 tons and focuses both on the consumer tissue and Away From Home (AFH) markets.
The acquisition requires the approval of the relevant competition authorities.
Stockholm, 14 December 2004 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations
For further information please contact: Jan Astrom, President and CEO. +46 70-586 07 01. Peter Nyquist, Senior Vice President Communications and Investor Relations. +46 70-575 29 06.
SCA produces and sells absorbent hygiene products, packaging solutions and publication papers. Based on customer needs, value-added products are produced for consumers, institutions, industry and the retail trade. Net sales amount to more than SEK 85 billion annually. At the beginning of 2004, the number of employees was approximately 46,000, in some 40 countries. The SCA share is traded on the stock exchanges in Stockholm and London, and can also be traded in the U.S. in the form of ADRs (American Depositary Receipts, level 1).
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