Svenska Cellulosa Aktiebolaget
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| Type | Public (OMX: SCA B) |
|---|---|
| Founded | 1929 |
| Headquarters | Stockholm, Sweden |
| Key people | Sverker Martin-Lof (chairman of the board), Jan Johansson (president and CEO) |
| Industry | Paper and pulp, consumer goods |
| Products | Personal care products, tissue, packaging, publication paper, sawn wood products and wood pulp |
| Revenue | SEK 110,449 million (2008)[1] |
| Operating income | ▲ SEK 8,554 million (2008)[1] |
| Profit | ▲ SEK 5,598 million (2008)[1] |
| Employees | 50,430 (2007)[2] |
| Website | www.sca.com |
Svenska Cellulosa Aktiebolaget or SCA is a Swedish pulp and paper manufacturer and consumer goods company. It has approximately 50,000 employees and a turnover of approximately SEK 100 billion (€10 billion). Its main products include personal care products (incontinence products, baby diapers and feminine hygiene products), tissue, packaging and publication papers. The company's ten largest markets are Germany, United Kingdom, United States, France, Sweden, Italy, the Netherlands, Spain, Denmark, Australia, Mexico and Belgium.
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[edit] History
SCA was founded by Ivar Kreuger in 1929 as a holding company for ten Swedish forest industry companies. Following Kruger's bankruptcy in 1932, the company came to be controlled by the bank Handelsbanken, who along with associated funds and companies continue to control SCA. Axel Gustaf Torbjörn Enström was the managing director from 1950 to 1960 and chairman of the board from 1960 to 1965.[3]
In 1975 SCA acquired Mölnlycke, a leading western European producer of disposable hygiene products, and in 1990 SCA acquired transport packaging company Reedpack. In 1995 the Germany-based paper and packaging company PWA was acquired. In 2001 th division Wisconsin Tissue of the United States company Georgia-Pacific Tissue was acquired. In 2004 SCA acquired the tissue and hygiene products businesses of Carter Holt Harvey from International Paper.
In 2007 SCA announced it was acquiring the European tissue operations of Procter & Gamble for €512 million. This was agreed by the European Commission in September 2007. SCA will own Tempo, Bess and Bluemia brands plus 5 plants in Europe and Hong Kong, and own European rights to Bounty and Charmin. SCA will need to divest Softis in Germany and Austria[4]. The company derives its logo from pagan Germanic valknut symbol.
[edit] Products
- Zewa, Edet, Velvet, Sorbent and Regio (consumer tissue)
- Tork, Main Street, Familia, Coronet, Park Avenue Ultra (away-from-home tissue)
- Libresse, Saba, Libra (feminine hygiene)
- Libero, Drypers, Drypantz, Treasures (Baby diapers)
- Tena and Serenity (incontinence products)
[edit] See also
- Stora Enso
- UPM (company)
- Holmen
- Procter & Gamble
- Kimberly-Clark
- Smurfit Kappa Group
- Mondi Group
- List of Swedish companies
[edit] References
- ^ a b c "Annual Results 2008". Svenska Cellulosa Aktiebolaget. http://www.sca.com/Documents/en/observer/2009/kmk_20090129_923623_en.pdf. Retrieved on 2009-03-10.
- ^ "Annual Report 2007". SCA. http://www.sca.com/documents/en/Annual_Reports/Annual_Report_2007_en.pdf. Retrieved on 2008-04-14.
- ^ "Svenska Cellulosa Aktiebolaget (SCA)". Hoovers. 2008. http://www.alacrastore.com/storecontent/hooversindepth/47886. Retrieved on 2008-10-13. "That year Axel Enstrom became the president of SCA and began to consolidate the operations of its subsidiaries, creating a single forest company by 1954."
- ^ http://www.sca.com/en/Press/Press-releases/Press-releases/6395/6879/
[edit] External links
- SCA - Official site
- Yahoo! - Svenska Cellulosa Aktiebolaget SCA Company Profile
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