Domtar Completes Acquisition of Spain's Indas
Jan. 2, 2014 - Domtar Corporation today announced the closing of the acquisition of privately-held Laboratorios Indas, SAU ("Indas"), pursuant to a definitive agreement announced on November 19, 2013 .
Indas is Spain's largest manufacturer and marketer of branded adult incontinence products, with its IncoPack and Indasec® line of products.
With the addition of the new business, Domtar will become one of the leading adult incontinence products manufacturers in Europe , providing the Company with the critical mass upon which to build a pan-European business.
Domtar Corporation designs, manufactures, markets and distributes a wide variety of fiber-based products including communication papers, specialty and packaging papers and absorbent hygiene products. Domtar is the largest integrated marketer of uncoated freesheet paper in North America. Domtar is also a leading marketer and producer of a complete line of incontinence care products marketed primarily under the Attends® brand name as well as baby diapers. To learn more, visit www.domtar.com.
SOURCE: Domtar Corp.