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We have been actively streamlining our portfolio in recent years in order to strengthen our core businesses. This process is to continue as part of our Strategy 2016.
We have defined clear selection criteria for possible acquisitions in respect of strategic fit, financial attractiveness, and implementability. The focus in Laundry & Home Care and Beauty Care will center on strengthening our categories in the respective regions, while the focus in Adhesive Technologies will primarily be on advancing technology leadership.
We also expect to discontinue or divest businesses and operations representing total sales of 500 million euros between 2013 and 2016.
Detailed information on the latest transactions can be found in the respective IR news, which are available here for downloading. Earlier IR releases can be found under Capital Market Information.
|Beauty Care||Acquisition of Hair Care brand in Latin America||Mexico||05/30/14||24 MEUR|
Acquisition of 3 US Hair Professional companies
|USA||2013: ~140 MEUR||05/31/14||274 MEUR|
|Laundry & Home Care|
Acquisition of the laundry aids, insect control and household care business
|France||2013: ~280 MEUR||06/05/14||~940 MEUR|
|Adhesive Technologies||Acquisition of 'The Bergquist Company'||USA||2013: ~130 MEUR||09/17/14|