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2014-07-17

SCA: SCA and Vinda to integrate hygiene business in China

SCA, a leading global hygiene and forest products company, and the
majority shareholder in China's third-largest tissue company, Vinda
International Holdings Limited ("Vinda") is strengthening the
cooperation with Vinda. SCA to transfer its hygiene business in China
(Mainland China, Hong Kong and Macau) to Vinda.

As part of the transaction, SCA and Vinda have signed an agreement
regarding the exclusive license to market and sell the SCA brands;
TENA, (incontinence products) Tork (Away from Home tissue), Tempo
(consumer tissue), Libero (baby diapers), and Libresse (feminine
care) in China (Mainland China,Hong Kong and Macau). With this
agreement, Vinda will hold the rights to these product brands in
these Chinese markets. Vinda will acquire SCA's Dr P and Sealer
brands in China.

"With its immense number of inhabitants, ageing population and low
penetration of hygiene products, China is an attractive and important
market with significant potential for future growth. This new
cooperation and transaction will generate mutual benefits for both
SCA and Vinda particularly in distribution, sales, innovation and
R&D. Vinda will get access to a broader product portfolio and SCA's
brands will have the potential to reach a broader base of consumers
and customers via the extensive and robust distribution network of
Vinda in China," says Jan Johansson, President and CEO of SCA.

SCA has been a shareholder in Vinda since 2007, became its majority
shareholder in late 2013, and has consolidated Vinda financials since
the first quarter of 2014.

SCA's hygiene business in China (Mainland China, Hong Kong and Macau)
had net sales of approximately SEK 600m in 2013. The purchase
consideration amounts to HKD 1,144m (approx. SEK 1,000m) on a
debt-free basis.

The agreement is subject to approval by the independent shareholders
of Vinda. Vinda is listed on the Hong Kong Stock Exchange.

NB: This information is such that SCA must disclose in accordance with
the Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication on 18 July 2014,
at approximately 01:00 CET.

For additional information please contact:
Johan Karlsson, VP Investor Relations, 46 8 788 51 30
Boo Ehlin, VP Media Relations, 46 8 788 51 36

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 2013 amounted to approximately SEK
93bn (EUR 10.7bn). 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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http://news.cision.com/sca/r/sca-and-vinda-to-integrate-hygiene-business...
http://mb.cision.com/Main/600/9618294/268117.pdf

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