F1. Group companies

AP Accounting principles

Group companies

The companies over which Essity has control are consolidated as Group companies. Control means that Essity has sufficient influence to control the relevant activities of the Group company, and that Essity has the right to, and can influence, its variable returns from its participation in the Group company. Most of the Group’s companies are wholly owned, which means that Essity has control over the companies. Essity owns 52% of Vinda, which is deemed to give Essity control over the operation. For information on the change in ownership in Familia, see Note F2 Jointly owned Group companies with significant non-controlling interests and Note F6 Acquisitions and divestments of Group companies. For more information on the change in ownership in Asaleo Care, see Note F3 Investments in associates and joint ventures and Note F6 Acquisitions and divestments of Group companies.

Non-controlling interests

Non-controlling interests are recognized as a separate item in the Consolidated statement of changes in equity. Profit or loss and every component of other comprehensive income are attributable to the owners of the Parent company and to non-controlling interests. Losses attributable to non-controlling interests are recognized even if this results in a negative balance for the non-controlling interest. In connection with acquisitions of less than 100% when a controlling influence is achieved, non-controlling interests are determined either as a proportional share of the fair value of identifiable net assets excluding goodwill or at fair value. Subsequent acquisitions up to 100% and divestments of participations in a Group company that do not lead to a loss of controlling influence are recognized as an equity transaction.

List of major Group companies

The Group’s participations in major Group companies at December 31, 2021 are presented below. The following selection of wholly owned Group companies or Group companies with significant non-controlling interests includes companies with external and internal sales in excess of SEK 500m in 2021.

Company name

Corp. Reg. No.

Domicile

Share of
equity at
December 31,
2021

Share of
equity at
December 31,
2020

Share of
equity at
December 31,
2019

Essity France SAS

509 395 109

Saint-Ouen, France

100

100

100

Essity Holding Netherlands B.V.

30-135 724

Zeist, Netherlands

100

100

100

Essity UK Ltd.

3226403

Dunstable, UK

100

100

100

Essity Professional Hygiene North America LLC

58-2494137

Delaware, USA

100

100

100

Vinda International Holdings Ltd1)

90235

Hong Kong, China

52

52

52

Essity Operations Wausau LLC

41-2218501

Wisconsin, USA

100

100

100

Essity Germany GmbH

HRB 713 332

Mannheim, Germany

100

100

100

Essity Hygiene and Health AB

556007-2356

Gothenburg, Sweden

100

100

100

Essity Spain S.L.

B28451383

Puigpelat, Spain

100

100

100

Essity Higiene y Salud Mexico, S.A. de C.V.

SCM-931101-3S5

Mexico City, Mexico

100

100

100

Productos Familia S.A. Colombia1)

8909001619

Medellin, Colombia

96

50

50

Productos Familia del Sancela Ecuador S.A.1)

179131437900

Quito, Ecuador

96

50

50

Essity Italy S.p.A.

3 318 780 966

Altopascio, Italy

100

100

100

Essity LLC

1024700877200

Moscow, Russia

100

100

100

Essity Poland Sp.z.o.o.

KRS No. 0000427360

Warsaw, Poland

100

100

100

Essity Austria GmbH

FN 49537 z

Vienna, Austria

100

100

100

Essity Belgium SA-NV

BE0405.681.516

Stembert, Belgium

100

100

100

Essity Professional Hygiene Germany GmbH

HRB 710 878

Mannheim, Germany

100

100

100

Essity Canada Inc.

421984

Ontario, Canada

100

100

100

OY Essity Finland AB

0165027-5

Espoo, Finland

100

100

100

Essity HMS North America Inc.

23-3036384

Delaware, USA

100

100

100

Essity Norway AS

915 620 019

Oslo, Norway

100

100

100

Essity Switzerland AG

CH-020.3.917.992-8

Schenkon, Switzerland

100

100

100

Essity Denmark A/S

DK20 638 613

Allerød, Denmark

100

100

100

Essity Chile SA

94.282.000-3

Santiago de Chile, Chile

100

100

100

Essity Hungary Kft

01-09-716945

Budapest, Hungary

100

100

100

Essity Czech Republic s.r.o.

485 36 466

Prague, Czech Republic

100

100

100

Essity Operations Allo SL

B31235260

Allo, Spain

100

100

100

Essity Slovakia s.r.o.

36590941

Gemerska Horska, Slovakia

100

100

100

Essity Operations Mainz-Kostheim GmbH

HRB 5301

Mainz-Kostheim, Germany

100

100

100

Essity Operations France SAS

702 055 187

Saint-Ouen, France

100

100

100

Essity Operations Mannheim GmbH

HRB 3248

Mannheim, Germany

100

100

100

Essity Operations Neuss GmbH

HRB 14343

Neuss, Germany

100

100

100

Essity Operations Poland Sp.z.o.o.

KRS No. 0000086815

Olawa, Poland

100

100

100

Essity Operations Le Theil SAS

509 599 619

Saint-Ouen, France

100

100

100

Essity Operations Manchester Ltd

4119442

Dunstable, UK

100

100

100

BSN medical GmbH

HRB 124 187

Hamburg, Germany

100

100

100

BSN Radiante SAS

652 880 519

Le Mans, France

100

100

100

BSN Medical Inc.

3269728

North Carolina, USA

100

100

100

BSN-Jobst GmbH

HRB 3482

Emmerich, Germany

100

100

100

Essity Centroamérica S.A.

3-101-211115

San José, Costa Rica

100

100

100

Essity do Brasil Indústria e Comércio Ltda.

72.899.016/0001-99

Jarinu, Brazil

100

100

100

Essity Ireland Ltd.

184359

Dublin, Ireland

100

100

100

Essity Distribution B.V.

75490080

Amsterdam, Netherlands

100

100

100

Asaleo Personal Care Pty Ltd2)

005 442 375

Springvale, Australia

100

 

 

Asaleo Care New Zealand Ltd2)

1470756

Auckland, New Zealand

100

 

 

BSN Medical (Aust.) Pty Ltd

095 746 204

Victoria, Australia

100

100

100

BSN Medical (Proprietary) Limited

2001/003941/07

Pinetown, South Africa

100

100

100

1)

Since the acquisition of an additional 45.8% of the shares in Productos Familia S.A. on August 31, 2021, Essity has one jointly owned Group company with significant non-controlling interests, see Note F2.

2)

Prior to the acquisition on July 1, 2021, Asaleo Care was recognized as an associated company, for more information see Note F3.