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Hygiene products maker Essity buys Modibodi in Australia

By:
Reuters
Updated: Jul 7, 2022, 05:22 GMT+00:00

STOCKHOLM (Reuters) - Swedish hygiene products maker Essity has agreed to buy Australian leakproof apparel maker Modibodi for 985 million Swedish crowns ($93.70 million), it said on Thursday in a statement.

Essity sign is seen in Stockholm

STOCKHOLM (Reuters) – Swedish hygiene products maker Essity has agreed to buy Australian leakproof apparel maker Modibodi for 985 million Swedish crowns ($93.70 million), it said on Thursday in a statement.

($1 = 10.5125 Swedish crowns)

(Reporting by Anna Ringstrom, editing by Essi Lehto)

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