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Kimberly-Clark de México to acquire 50% of 4e

The transaction, for an undisclosed amount, is expected to close in the second half of 2016 subject to necessary regulatory approvals.

4e is a liquid soap producer. (Photo: Taken from the company's website)
23/06/2016 |12:42
Redacción El Universal
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By Giselle Rodríguez

Kimberly-Clark de México announced an agreement to buy 50% of 4e, a liquid soap producer.

The transaction, for an undisclosed amount, is expected to close in the second half of 2016 subject to necessary regulatory approvals, the company said in a press release.

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It added that its addition to KCM's portfolio "is in line with the strategy to enter into new branded consumer products categories and complements the Kleenex and Escudo soap business."