Kimberly-Clark’s Sale of Its Subsidiary And Its Paper Mill in Niederbipp

Homburger advised Kimberly-Clark on the transaction.

Kimberly-Clark completed the sale of its subsidiary Kimberly-Clark GmbH, including its paper mill in Niederbipp (Canton of Berne) as well as the «Tela» brand, to an entity owned by the Queck family, a German family of entrepreneurs which already owns several paper producers. The entity operating the paper mill has assumed the new name Tela GmbH.

Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes.

The Homburger team was led by partners Daniel Hasler (Picture) and Daniel Häusermann (both Corporate / M&A) and included partners Richard Stäuber (Competition) and Stefan Gäumann (Real Estate), counsel Peter Müller (Tax), and associates Stefan Luginbühl (Corporate / M&A), Yves Bianchi (Competition) and Nicole Hilpert (Employment and Executive Compensation).

Involved fees earner: Yves Bianchi – Homburger; Stefan Gäumann – Homburger; Daniel Hasler – Homburger; Daniel Häusermann – Homburger; Nicole Hilpert – Homburger; Stefan Luginbühl – Homburger; Peter Müller – Homburger; Richard Stäuber – Homburger;

Law Firms: Homburger;

Clients: Kimberly-Clark Corporation;

Author: Federica Tiefenthaler