PHILADELPHIA — Essity, a global hygiene and health company, announced Feb. 2 the acquisition of Legacy Converting, Inc., a US-based cleaning and wiping company and manufacturer of the best-in-class, EPA-regulated Everwipe brand of disinfecting and wiping products.
The acquisition will strengthen the Tork product portfolio and will provide significant benefits to Essity's North American customers. With an expanded professional hygiene offering and a more profound surface cleaning and disinfecting expertise, it will be easier to fulfill customers' sustainable hygiene needs through one partner - Essity.
"As the maker of the global leading Tork professional hygiene brand, we are committed to offering customers a full suite of innovative sustainable hygiene products and services. The acquisition of Legacy Converting, Inc. strengthens our wiping and cleaning product expertise and offering and is a step in our expansion of this product area," said Don Lewis, President Professional Hygiene, Essity. "Both Essity and Legacy share common values related to sustainability, customer service and innovation, so we are excited to bring Legacy on board as a complement to our Tork brand of professional hygiene products and services."
Essity offers complete hygiene solutions through the Tork brand, including toilet paper, paper hand towels, napkins, hand soap, hand sanitizers, dispensers and wiping and cleaning products. Tork also offers digital solutions, such as Internet of Things sensor technology that enables data-driven cleaning.
"Legacy has worked hard to build a world-class manufacturing operation, team and brand from the ground up," said Jason Slosberg, M.D., co-founder and VP of operations at Legacy Converting. "Joining forces with Essity allows us to continue to execute on our mission on a global scale. Essity is truly a world-class organization; we couldn't be more excited to be aligning with them to deliver amazing products and customer experiences to our partners."
"We have developed Everwipe into a highly respected brand in North America and we are proud to join with Essity, maker of the global leading Tork brand, to extend our reach and value to customers," added Darren Slosberg, co-founder and VP of Sales at Legacy Converting.
Legacy Converting, Inc. was advised by Sax Capital Advisors.
The Tork brand offers professional hygiene products and services to customers worldwide ranging from restaurants and healthcare facilities to offices, schools and industries. Our products include dispensers, paper towels, toilet tissues, soap, napkins and wipers, but also software solutions for data-driven cleaning. Through expertise in hygiene, functional design and sustainability, Tork has become a market leader that supports customers to think ahead so they're always ready for business. Tork is a global brand of Essity and a committed partner to customers in more than 110 countries. To keep up with the latest Tork news and innovations, please visit Torkusa.com.
Essity is a global hygiene and health company. We are dedicated to improving well-being through our products and services. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 46,000 employees. Net sales in 2021 amounted to approximately $13 billion. The company's headquarters is in Stockholm, Sweden, and Essity is listed on Nasdaq Stockholm. Philadelphia is Essity's Professional Hygiene headquarters. In addition to Pennsylvania, Essity has U.S. operations in Alabama, Kentucky, Ohio, Oklahoma, New York, North Carolina, Texas, Washington and Wisconsin. In Canada, Essity has operations in Drummondville, Quebec and Oakville, Ontario. Essity breaks barriers to well-being and contributes to a healthy, sustainable and circular society. More information at www.essityUSA.com.
