Suzano completes USD 1.3 billion purchase of 51% stake in Kimberly-Clark’s FamPro Tissue JV

Kimberly-Clark Corporation

Kimberly-Clark Corporation

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  • Suzano completed the purchase of a 51% stake in FamPro Tissue Holdings from Kimberly-Clark, rebranding the business as Arbex.
  • Total consideration was USD 1.3 billion, equivalent to BRL 6.7 billion, subject to customary post-closing adjustments.
  • The joint venture launched with about USD 1 billion of net debt, tied to financing raised for the deal.
  • Walter Schalka was named chairman; Ehab Abou-Oaf was appointed CEO, with senior roles filled by executives from Suzano and Kimberly-Clark.


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