AcquisitionsApr 29, 2026, 05:07 PM
SUZ Acquires 51% Stake in K-C Global Tissue Business for $1.734B
AI Summary
Suzano S.A. announced its subsidiary entered an agreement to acquire a 51% equity interest in a newly formed company from Kimberly-Clark Corporation for US$1,734 million (R$9,050 million). This transaction involves assets and businesses related to tissue products across multiple regions and is expected to close by mid-2026. For the three-month period ended March 31, 2026, Suzano reported a net income of R$4,311,991 thousand, a decrease from R$6,348,178 thousand in the prior year period, with net sales also declining.
Key Highlights
- SUZ subsidiary to acquire 51% of K-C's global tissue business for $1.734B (R$9.05B).
- Q1 2026 net income R$4,311,991 thousand, down from R$6,348,178 thousand in Q1 2025.
- Q1 2026 net sales R$10,968,416 thousand, down from R$11,552,921 thousand in Q1 2025.
- Q1 2026 gross profit R$3,160,840 thousand, down from R$3,823,754 thousand in Q1 2025.
- Q1 2026 operating profit R$1,775,136 thousand, down from R$2,259,035 thousand.
- Q1 2026 basic EPS R$3.48357, down from R$5.11735 in Q1 2025.
- Total assets as of March 31, 2026, were R$165,825,010 thousand.
- Total liabilities as of March 31, 2026, were R$117,642,279 thousand.