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Essity acquires Canadian company Knix Wear

Jul. 08, 2022 5:24 AM ETEssity AB (publ) (ESSYY) Stock, ETTYF StockBy: Meghavi Singh, SA News Editor
  • Hygiene and health company Essity (OTCPK:ESSYY) acquires 80% of the Canadian company Knix Wear, a leading provider of leakproof apparel for periods and incontinence.
  • The purchase price amounts to $320M (~SEK 3.3B) on a cash and debt free basis for 80% of the company.

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