What the Suzano–Kimberly-Clark Joint Venture Means for the MarketLuciana Lima
Suzano and Kimberly-Clark, a global leader in the consumer staples industry, announced in early June the creation of a US$3.4 billion joint venture focused on the manufacture, marketing, and distribution of consumer and professional tissue products, such as toilet paper, napkins, paper towels, and facial tissues, in over 70 countries. Suzano will acquire a 51% interest in the new entity, with Kimberly-Clark holding a 49% interest.
