The European Commission has granted unconditional approval for Brazilian pulp and paper producer Suzano’s planned acquisition of Kimberly-Clark’s international tissue business, clearing the transaction without requiring any remedies or additional competition measures within the European Economic Area. The decision paves the way for Suzano to complete the takeover of Kimberly-Clark IFP NewCo B.V., a newly established entity that consolidates Kimberly-Clark’s International Family Care & Professional operations across Europe as well as several markets in Africa, Latin America, the Middle East, Asia and Oceania. The acquisition will significantly expand Suzano’s presence further down the value chain by combining its position as one of the world’s largest producers of bleached eucalyptus kraft pulp (BEKP) with Kimberly-Clark’s tissue operations, which include toilet paper, facial tissues, paper towels and professional hygiene products.