Hygiene and health company Essity has acquires 80% of the Canadian company Knix and Australian Modibodi. Mobibodi and Knix are leaders in the leakproof apparel category. The Swedish hygiene products maker has agreed to buy Modibodi for $93.70M; the purchase price for Knix amounts to $320M on a cash and debt free basis for 80% of the company. Through the acquisition Essity…
