SCA is a global hygiene and forest products company with about 85% of
its sales derived from its hygiene operations. To intensify growth and
the pace of innovation as well as to further strengthen the
competitiveness of SCA’s hygiene operations, on January 1, 2016, the
company will implement the following enhancements of its hygiene
organization:
Regulatory News:
-
The operations in AfH tissue and incontinence products in Europe and
North America will be reorganized into two business units, Away from
Home Professional Care and Incontinence Care. Away from Home
Professional Care will be led by Don Lewis, currently President of SCA
Americas. Incontinence Care will be led by Margareta Lehmann,
currently President of SCA Incontinence Care Europe.
-
Latin America will become a new business unit, SCA Latin America,
which will be led by Pablo Fuentes, Vice President of SCA Latin
America at present.
-
Global Hygiene Supply Tissue and Global Hygiene Supply Personal Care
are being strengthened through the respective production activities
being given direct HR responsibility.
-
A project organization is being established and is tasked with
optimizing and streamlining logistics flows. The project organization
will be led by Sune Lundin, currently President of SCA Away from Home
Professional Hygiene Europe. Sune Lundin will continue as a member of
the Executive Management Team and report directly to the President and
CEO.
“The new organization provides the preconditions for increasing
efficiency, the pace of innovation and profitable growth for our global
hygiene operations, which currently comprise about 85% of the Group’s
sales,” says Magnus Groth, President and CEO of SCA.
The organizational changes have no impact on SCA’s external financial
reporting structure.
NB: This information is such that SCA must disclose in accordance
with the Securities Markets Act or the Financial Instruments Trading
Act. The information was submitted for publication on August 28, 2015,
at 8:00 a.m. CET.
SCA is a leading global hygiene and forest products company. The Group
develops and produces sustainable personal care, tissue and forest
products. Sales are conducted in about 100 countries under many strong
brands, including the leading global brands TENA and Tork, and regional
brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and
Vinda. As Europe’s largest private forest owner, SCA places considerable
emphasis on sustainable forest management. The Group has about 44,000
employees. Sales in 2014 amounted to approximately SEK 104bn (EUR
11.4bn). SCA was founded in 1929, has its headquarters in Stockholm,
Sweden, and is listed on NASDAQ OMX Stockholm. For more information,
visit www.sca.com.
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