Essity in discussions with third parties over potential sale of 51.59% Vinda stake

Essity has confirmed discussions are ongoing with a number of third parties for a potential sale regarding its shares in Asian hygiene company Vinda International Holdings.  

The company added that no decisions relating to the future ownership of Essity’s Vinda shares have yet been made.  

On 26 April 2023, Essity announced its decision to initiate a strategic review of the company’s ownership in Vinda, which currently amounts to 51.59%.  

Essity said it will not make any further comments at this time.