August 26, 2016
Swedish giant SCA splits
Swedish group SCA announced that, in order to further develop the Group’s two operations, it had decided to initiate a dividing of the Group into two divisions: a hygiene division and a forest products division. "This is what everybody has been waiting for," said Evli Bank analyst Markku Jarvinen. "The businesses are clearly very different from an investment standpoint. The forest business is low return on capital, very stable, and the hygiene business is high return on capital." SCA said in August last year it would merge its forest land and forest products businesses into ...
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