Kimberly-Clark invests US$ 400 million on facilities expansions, acquisitions

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Kimberly-Clark Mexico will invest around US$ 400 million between 2016 and 2017 aiming to increase output capacity on several products, as well as maintenance and process improvement on its production facilities.

According to a corporate brief sent to stock market regulators, the company will also acquire the Escudo soap brand and a 50% stake at personal and pets care products firm 4e.

The investments final figures will depend on further analysis of each project and approval from Mexican authorities, Kimberly-Clark said.

MexicoNow