Kimberly-Clark is sharpening its focus on digital growth and higher-margin categories with a $3.4 billion joint venture that spins off its international tissue and professional products business to Brazilian pulp giant Suzano.
Under the deal, Suzano will hold a 51% stake in the new global tissue company, while Kimberly-Clark retains 49%. The venture includes 22 manufacturing sites, 9,000 employees, and licensing rights to major brands like Kleenex, Scott, Viva, and Kimberly-Clark Professional.
https://www.digitalcommerce360.com/2025/06/06/kimberly-clark-spins-off-tissue-unit-to-focus-on-digital-growth/