Essity AB

Swedish multinational hygiene and health company founded in 2017, known for tissue paper, personal care products, and medical solutions, headquartered in Stockholm, Sweden.

Essity was founded in 2017 through the demerger of SCA's hygiene and health operations. SCA was a Swedish forest products company that had built a significant hygiene and health business over several decades. The demerger created two separate publicly traded companies: SCA focused on forest products, and Essity focused on hygiene and health.

The hygiene and health business that became Essity had a long history under SCA ownership. SCA had acquired various hygiene brands and built manufacturing capabilities across the world. Notable acquisitions included the purchase of Procter & Gamble's European tissue business in 1995 and the acquisition of BSN Medical in 2007. These acquisitions established SCA as a leader in hygiene and health products.

Following the demerger in 2017, Essity focused on expanding its portfolio and geographic reach. The company acquired several businesses to strengthen its position in personal care and medical solutions. Notable acquisitions include the purchase of BSN Medical in 2017 and the acquisition of Hydrofera in 2021. Essity has also invested in innovation and sustainability to drive growth.

Recent strategic direction has focused on digital transformation and sustainability. Essity has invested in e-commerce capabilities and digital marketing to reach consumers directly. The company has also committed to sustainability goals including reducing carbon emissions and increasing the use of renewable materials in its products.