SCA’s NZ assets make money in 2013 after many restructures

Wed, 09 Jul 2014

By Pam Graham July 9 (BusinessDesk) – The New Zealand toilet paper, nappy and tampon business Sweden’s Svenska Cellulosa Aktiebolaget (SCA) has owned in various structures for the past decade is now making profits on annual turnover of about $250 million. The business SCA purchased from Carter Holt Harvey for $1 billion in 2004 to give it a leading position in Australasia is now Asaleo Care, which debuted on the ASX on July 3. The float allowed private equity firm Pacific Equity Partnership to exit a three-year-long relationship with S...

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