Kimberly-Clark has now filed the necessary documentation to proceed with the previously-announced spin off of its health care business.
The new company is to be called Halyard Health and will be headquartered in Alpharetta, Georgia, near Atlanta.
“The planned spin-off of our health care business continues our focus on creating shareholder value,” said K-C chairman and CEO Thomas J. Falk. “When the spin-off is completed, Halyard Health will be able to take advantage of its leading positions in several key categories to drive its performance and pursue its own opportunities.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Nonwovens News talks to Murat Dogru about the upcoming OUTLOOK conference
New line concepts and digital tools are helping nonwovens producers boost output, cut waste and ease labour pressures
New research is exploring the benefits of using PCM impregnated nonwovens for use in composite reinforcements for the construction sector
News
Lenzing to prioritise nonwovens as fibre business reshaped
Turkish yarn manufacturer to enter nonwovens market
Shaping the future of filtration at Filtrex
Other publications from MCL News & Media
