SCA's packaging operations, excluding the two kraftliner mills, had net sales in 2010 of approximately 2.5 billion Euros and an operating profit, excluding restructuring costs, of approximately 117 million Euros. The operations have approximately 12,000 employees.“The reason for the divestment is primarily to enable increased growth in the hygiene business”, says Jan Johansson, CEO of SCA.SCA’s two kraftliner mills in Sweden are not included in the transaction as they are well integrated with SCA´s forest products operations.Regarding the French part of the packaging operations, the price for which is included in the announced purchase price, DS Smith has made a formal offer to acquire this business. This process is subject to consultation with relevant works councils and will be treated separately.Regarding the French part of the packaging operations, the price for which is included in the announced purchase price, DS Smith has made a formal offer to acquire this business. This process is subject to consultation with relevant works councils and will be treated separately.The transaction is subject to approval from DS Smith´s shareholders and antitrust clearance from the European Commission. Closing is expected during the second quarter of 2012. DS Smith will publish a prospectus regarding the transaction. DS Smith´s financing of the transaction is committed.