Essity buys 80% of Canadian leakproof apparel maker Knix Wear
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News business : Swedish hygiene products group Essity said on Friday it had agreed to buy 80% of Canadian company Knix Wear, a maker of leakproof apparel for periods and incontinence, for around 3.3 billion Swedish crowns. (#1422182)
Essity completed the acquisition of an 80% stake in Knix Wear for $320 m.
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Knix's $320 million sale to Essity marks one of Canada's largest exits by a female founder
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