EU Clears Suzano's Over $3 Billion Deal for Kimberly-Clark's International Tissue Business

Published: 2026-05-11 10:37:42 ET KMB

Published on 05/11/2026 at 10:37 am EDT

By Edith Hancock

The European Union cleared Suzano's acquisition of a majority stake in Kimberly-Clark International Family Care & Professional, saying the deal would not raise competition concerns in the EU.

The European Commission said Monday that wood pulp supplier Suzano's over $3 billion deal for Kimberly Clark's tissue business would not raise significant concerns.

The commission said that rival tissue producers in the bloc will continue to have access to sufficient supplies of bleached eucalyptus kraft pulp--widely used in producing tissue and writing paper--despite Suzano's position as the leading supplier worldwide. Officials also said in a statement Monday that competitors would have enough alternative suppliers if Suzano were to restrict supplies or worsen business terms for other tissue producers.

Write to Edith Hancock at [email protected]

(END) Dow Jones Newswires

05-11-26 1036ET