# Essity acquires Modibodi for $93.7 million

Swedish hygiene products maker Essity agreed to buy Australian leakproof apparel maker Modibodi for 985 million Swedish crowns ($93.7 million).

- Type: Acquisition
- Announced: 2022-07-07
- Where: Australia
- Value: $93.7M
- Status: announced
- Products: leakproof apparel
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Essity](https://endata.com/companies/33028.md) (acquirer)
- [Modibodi](https://endata.com/companies/64006.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/hygiene-products-maker-essity-buys-modibodi-australia-2022-07-07/), 2022-07-07: "Swedish hygiene products maker Essity has agreed to buy Australian leakproof apparel maker Modibodi for 985 million Swedish crowns ($93.70 million), it said on Thursday in a statement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.