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Domtar grows personal care business

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Domtar grows personal care business

January 08, 2014 - 04:58
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MONTREAL, Jan. 2, 2014 (CNW) - 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.