business buildings

Essity: A Hygiene And Health Powerhouse Is Spun-Off

Sweden’s Svenska Cellulosa Aktiebolaget or SCA dates back to 1929 as a holding company for ten forestry businesses. Over the proceeding decades, SCA began acquiring various hygiene businesses although they remain the largest private land owner of forest land in Europe holding roughly 2.6 million hectares (6.4 million acres). Separating these two businesses made sense and hopefully will allow the true value of each to be realized.  In 2016, Essity (OTC:ESSYY) accounted for 86% ($11.5 billion) of SCA’s total revenue so while SCA was originally founded as a forest products company, in reality, it was a health and hygiene business and had been for many years. It earned around $480 million and generated $790 million in owner earnings last year. Read more.

Source: Seeking Alpha, June 19, 2017

operating room

Majority of Incontinence Treatments Deliver Poor Results

Surgery is the most reliable method of treatment for incontinence – curing the condition in just over eight in ten cases; other types of treatment, meanwhile, do not deliver the same kind of success. These are the findings of a comprehensive systematic overview of cure rates for the treatment of incontinence around the world during the last ten years. “Unfortunately we are not actually curing the condition in that many cases. Surgery aside, the results delivered are poor. And the problems are only going to get worse in the future because the population, as we know, is aging,” says Ian Milsom, Professor of Gynecology and Obstetrics at the Sahlgrenska Academy and Head of the Gothenburg Continence Research Center (GCRC). Read more.

Source: Science Daily, April 4, 2017

business buildings

HARTMANN Group to Acquire P&G Incontinence Brand in Spain/Portugal

The HARTMANN GROUP, a leading international supplier of medical and hygiene products, announced today it plans to acquire Procter & Gamble’s Lindor — one of the most well-known adult incontinence brands in the Spain and Portugal professional channel. The transaction seeks to take place by end of second quarter of fiscal year 2017 and is subject to approval by local antitrust authorities.  As part of the agreement, HARTMANN is slated to obtain all P&G assets associated with the Lindor product portfolio (Lindor, Salvacamas, Lindor Care, Lindor Pants), Intellectual Property, contracts with employees, as well as a 25,000-square metre manufacturing facility in Montornés, Spain. Read more.

Source: Yahoo Finance, March 2, 2017

The Foundation Hosts Round Table on Long-term Care, Assisted Living, and Incontinence

Incontinence in long-term care and in assisted living was discussed at the Round Table.

Incontinence in long-term care and in assisted living was discussed at the Round Table.

Chicago, Ill. (June 1, 2005) – In April 2005 the Simon Foundation for Continence launched its program on Aging 2005 by hosting a two day round table discussion about the state of incontinence care in long-term care and assisted living. Experts brought together from throughout the United States, Canada, and Europe focused on the impact of incontinence on residents of these facilities. The meeting, held in Chicago, was chaired by Professor Christine Norton, PhD, RN, from St. Mark’s Hospital (U.K.) and Mary Radtke Klein, President, Assisted Living Associates (Oregon), both members of the Simon Foundation’s Advisory Board.Continue reading