Arbex will manufacture, market and distribute consumer and professional products across more than 70 markets on five continents.
July 2, 2026 - Suzano announced the completion of its acquisition of a 51% equity interest in FamPro Tissue Holdings B.V. from Kimberly-Clark Corporation, which has resulted in a new joint venture called Arbex.
Arbex on July 1 began operations as an independent business.
Announced in June 2025 as a $3.4 billion joint venture between Suzano (NYSE: SUZ), the world's largest pulp supplier, and Kimberly-Clark (NASDAQ: KMB), a global leader in consumer goods and personal care, the new business will manufacture, market and distribute consumer and professional products across more than 70 markets on five continents.
Arbex has assumed ownership of assets previously run by Kimberly-Clark's International Family Care & Professional (IFP) business unit, which includes 22 manufacturing sites in 14 countries, and a portfolio of more than 40 regional brands including Andrex®, Hakle®, and Scottex®. The company also holds a long-term license for the use of Kimberly-Clark's global brands, including Kleenex®, Cottonelle®, Scott®, WypAll®, Viva®, and Kimberly-Clark Professional.
Ehab Abou-Oaf, previously President of Kimberly-Clark's IFP business, directly transitions in as Chief Executive Officer of Arbex. He will be based in London, alongside the majority of the global leadership team.
Luís Bueno, previously Executive Vice President of Suzano's consumer goods business, becomes Chief Operating Officer.
Oscar Mousinho, a Kimberly-Clark veteran who most recently served as Global CFO of the Pet Nutrition business at Mars, is the incoming Chief Financial Officer.
Walter Schalka, who spent over a decade as CEO of Suzano before stepping down in 2024, will chair Arbex's Board of Directors.
"This new company brings together a distinguished heritage, a portfolio of trusted brands, and a compelling vision for the future," said Abou-Oaf. "Our parent companies have given us a sturdy foundation and a leading market position.
"In an increasingly dynamic and evolving global landscape, Arbex is embarking on a new journey from a position of strength, and we believe we can shape the future of the tissue and hygiene sector. Our immediate priority is ensuring a smooth and seamless transition for our colleagues, customers and consumers around the world," Abou-Oaf added.
SOURCE: Hawthorn Advisors