The hottest SCA transfers its shareholding in Germ

2022-08-13
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SCA transfers its shareholding in German liquid packaging company

Swedish SCA company has transferred its 51% stake in zewathener, the German liquid packaging company, until 2025 and 2050 to DS Smith, an international packaging and office product supplier

sca acquired these shares when it acquired PWA in 1995. The reason for the transfer is that zewathener cannot naturally integrate with SCA's existing packaging business

zewathener's annual turnover is 2200, and the R & D and industrialization of the new generation of microelectronic optoelectronic functional materials and intelligent sensing materials have achieved a breakthrough of 10000 euros. The profit of SEK 90million from the sale of shares will be included in the company's third quarter statements in 2002

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