Kleenex tissue maker Kimberly-Clark (KMB) announced on Thursday that it will sell a majority stake in its international tissue business to Brazil’s Suzano (SUZ) in a deal valued at $3.4 billion. Kimberly-Clark will form a strategic partnership with Suzano to create an international tissue and professional products company.

Kimberly-Clark is nearing a sale of its Kleenex and tissue businesses outside of North America for around $3.5 billion, part of an attempt by the maker of Scott toilet paper and Huggies diapers to focus on more profitable areas,

Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex tissue maker said.