TRANSACTIONS / Acquisition of San Saglik by SCA

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(16/8/2011) Sweden-based global hygiene and paper products company, SCA has agreed to acquire 95% shareholding in San Sağlık, a Turkish producer of incontinence products from MT Group, for SEK 95 mn (US$ 15 mn). This is SCA’s second acquisition in Turkey following the acquisition of Komili from Ülker Group last month. 
 
Ventura Partners acted as exclusive financial advisor to SCA on the transaction.

SCA (Svenska Cellulosa Aktiebolaget) has agreed to acquire 95% of San Sağlık, a Turkish incontinence care products manufacturer from the family-owned MT Group. Ventura Partners acted as exclusive financial advisor to SCA on the transaction.

Established in 2008, San Sağlık has rapidly captured market share and became the second largest player in incontinence care products in Turkey. The acquisition comprises local production and access to strong brands. San Saglik generates annual revenues of approximately SEK 100 mn (US$ 16 mn). 
SCA is a global hygiene and paper company that develops and produces personal care products, tissue, packaging solutions and forest products with annual revenues of about $16 billion. SCA has sales in more than 100 countries under many strong brands and employs about 45,000 people. 

The acquisition of San Sağlık supplements SCA’s recent acquisition of Komili, Turkish producer of baby diapers, feminine care products and toiletries. The strong distribution network in retail that was accessed through Komili’s acquisition will be extended to healthcare.
 
Ventura Partners, based in Istanbul-Turkey, is one of the leading M&A boutiques providing corporate finance services in a broad range of sectors.