Court approves acquisition of Asaleo Care by Essity Group Holding

SYDNEY, AUSTRALIA: Asaleo Care Limited confirmed that the Federal Court of Australia has made approved the proposed acquisition of Asaleo Care by a wholly owned subsidiary of Essity Group Holding BV.

Asaleo Care is a leading personal care and hygiene company which markets, manufactures, distributes, and sells personal care and hygiene products throughout Australia, New Zealand, and the Pacific Islands. Its portfolio of market-leading brands includes Libra, TENA, Tork, Viti and Orchid.

The Purex, Sorbent and Handee brands are owned in New Zealand and the Pacific Islands only. The Company has 14 manufacturing and distribution facilities and employs around 650 people who work together to offer products and services which provide care, comfort, and confidence every day.

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