Essity is being affected by additional cost increases. Prices for electricity and gas have risen sharply in Europe since July 2022. Costs for the company's raw materials have also risen significantly in the third quarter. Essity is therefore announcing new comprehensive price increases for all product categories and markets.
The terms and conditions of the Offer are described in the Company's offer to purchase dated September 12, 2022 (as may be amended or supplemented from time to time, the "Offer to Purchase").
Action Wood Solutions, established to purchase the business assets of Action Wood Technologies, Inc. in Michigan, has entered into an asset purchase agreement with the owners of Action Wood Technologies, Inc. The closing of this transaction will be dependent on the Committee on Foreign Investment in the United States (CFIUS) accepting the transaction.
