Essity AB (publ) (OM:ESSITY B) acquired Hydrofera, LLC for approximately $130 million on December 29, 2021. Under the terms of agreement, the purchase price amounts to $116 million (approximately SEK 1.1 billion) with a potential additional earnout amount of $15 million (approximately SEK 137 million) on a cash and debt free basis. In 2020, the company reported net sales of approximately $23.5 million (SEK 216 million), with an EBITDA of $4.6 million (SEK 42 million) and EBITA of $4.3 million (SEK 39 million), equivalent to an EBITA margin of 18.1%. The acquisition is expected to be accretive to Essity's earnings per share in 2022. Dorsey & Whitney LLP acted as legal advisor to Essity.

Essity AB (publ) (OM:ESSITY B) completed the acquisition of Hydrofera, LLC on December 29, 2021.