On the Record · Kimberly Clark
Kimberly Clark acquisitions, on the record
The businesses Kimberly Clark bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Thinx Inc.Word for word“On February 24, 2022, we completed our acquisition of a majority and controlling share of Thinx Inc. (“Thinx”), an industry leader in the reusable period and incontinence underwear category, for total consideration of $181 consisting of cash of $53, the fair value of our previously held equity investment of $127, and certain share-based award costs of $1.” 10-K for 2023 | acquisition | February 24, 2022 | $181 |
Neve tissue brand and related consumer and K-C Professional tissue assets in BrazilWord for word“On June 1, 2023, we completed the sale transaction, announced on October 24, 2022, of our Neve tissue brand and related consumer and K-C Professional tissue assets in Brazil for $212, including the base purchase price of $175 and working capital and other closing adjustments of $37.” 10-K for 2023 | divestiture | June 1, 2023 | $212 |
personal protective equipment (PPE) businessWord for word“On July 1, 2024, we completed the sale transaction that was announced on April 7, 2024, of our personal protective equipment ("PPE") business for total consideration of $635, including the initial purchase price of $640 less working capital and other closing adjustments of $5.” 10-K for 2024 | divestiture | July 1, 2024 | $635 |
Neve tissue brand and related consumer and professional tissue assets in BrazilWord for word“On June 1, 2023, we completed the sale of our Neve tissue brand and related consumer and professional tissue assets in Brazil for $ 212 , including the base purchase price of $ 175 and working capital and other closing adjustments of $ 37 .” 10-K for 2024 | divestiture | June 1, 2023 | $ 212 |
Kenvue, Inc.Word for word“On November 2, 2025, we entered into an Agreement and Plan of Merger (the "Merger Agreement") to acquire the outstanding equity interests of Kenvue, Inc. ("Kenvue"), a global consumer health leader, for stock and cash consideration (the "Kenvue Acquisition").” 10-K for 2025 | agreed acquisition | November 2, 2025 | — |
IFP Business (51% interest in Kimberly-Clark IFP NewCo B.V. joint venture)Word for word“At the time of closing, which is expected to take place in mid-2026 and will only take place following the satisfaction of consultation requirements and customary closing conditions, including obtaining required regulatory approvals, Buyer will acquire a 51% interest in the Joint Venture for a purchase price of approximately $1.7 billion, subject to certain closing adjustments set forth in the Purchase Agreement, and we will retain a 49% equity interest (the "IFP Transaction").” 10-K for 2025 | agreed divestiture | — | approximately $1.7 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-12-31 | $0 | — |
| 2019-12-31 | $4 million | — |
| 2020-12-31 | $1.08 billion | $416 million |
| 2021-12-31 | $0 | $14 million |
| 2022-12-31 | $46 million | $304 million |
| 2023-12-31 | $0 | $14 million |
| 2024-12-31 | $0 | — |
Deal filings since 2016
Read from Kimberly Clark’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.