While jobs may be under threat at Kleenex and nappy manufacturer Kimberly Clark, which has its European headquarters in Trafalgar Street, Donald Clark's e-learning business Epic may be acquired by publishing and media company Huveaux .
Kimberly Clark said on Friday that it plans to cut about 6,000 jobs and sell or close up to 20 manufacturing plants with the bulk of the loss being in Europe and North America but it declined to give any further details.
The company employs just under 400 people at its Mocatta House service centre in Brighton & Hove but it is unclear if any of these jobs will be affected since none are involved in manufacturing.
Sales of one of their core lines - tissue products - jumped 16 percent in the USA, helped by the introduction of Kleenex Anti-Viral facial tissues but selling prices declined due to intense competition, particularly in the nappy market, where Kimberly-Clark competes with Procter & Gamble's and other brands.
Meanwhile the proposed acquisition of Epic, which recorded record profits this year, by Huveaux values the company at £22.7m. The fact that pre-tax profits increased by 53% reflects the burgeoning nature of the sector and the fact that Epic is the UK market leader. Some 10% of all UK e-learning products are produced in Brighton & Hove (see earlier stories in Knowledge base)
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