Topic: How To Invest

Spinoffs & Takeovers Hotline – Friday, May 5, 2023

Article Excerpt

KIMBERLY CLARK CORP., $145.18, symbol KMB on New York, is a leading maker of personal-care and tissue products. Its brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll. The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries. Each of those brands occupies the No. 1 or No. 2 spot for its product category in 80 countries. In October 2020, Kimberly-Clark completed its $1.2 billion acquisition of Softex Indonesia. Approximately 80% of Softex’s sales come from diapers. It currently holds the number two position in Indonesian market share for children’s diapers through its Sweety and Happy Nappy brands. The remaining Softex sales are mostly in the feminine-care and adult-care categories. In feminine care, the company holds the number three market share position through its Softex brand. In adult care, it holds the number two market…