# Isola Castle completes acquisition of Vinda International from Essity

Essity completed the divestiture of its 51.59% stake in Vinda International to Isola Castle Ltd, a subsidiary of APRIL Group, at HK$23.50 per share. The total consideration was up to HK$26.1 billion.

- Type: Acquisition
- Announced: 2024-05-10
- Value: $3.34B (26.1B HKD)
- Status: completed
- Products: tissue paper, personal care products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Essity](https://endata.com/companies/33028.md) (partner)
- [Isola Castle](https://endata.com/companies/77349.md) (acquirer)
- [Vinda International](https://endata.com/companies/77350.md) (target)

## Sources

- [industrysourcing.cn](https://www.industrysourcing.cn/article/459238), 2024-05-10: "Essity now is in a better position than ever before."

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