Suzano To Buy Kimberly-Clark’s Tissue Assets In Brazil

Suzano To Buy Kimberly-Clark's Tissue Assets In Brazil

SAO PAULO (Reuters) – Brazilian pulpmaker Suzano SA said on Monday it reached a deal to buy Kimberly-Clark’s tissue paper operations in the country.

In a securities filing, Suzano said the main asset included in the deal is a tissue production plant located in Sao Paulo state. The unit has an annual production capacity of around 130,000 tonnes.

(Reporting by Carolina Pulice and Peter Frontini, Editing by Isabel Woodford)