Pulp and Paper Canada

News
Domtar enters personal care market with purchase of Attends


August 16, 2011
By Pulp & Paper Canada

Domtar Corporation has signed a definitive agreement to acquire privately-held Attends Healthcare, Inc., a manufacturer and supplier of incontinence products, for $315 million. Attends’ production facility is in Greenville, N.C., close to…

Domtar Corporation has signed a definitive agreement to acquire privately-held Attends Healthcare, Inc., a manufacturer and supplier of incontinence products, for $315 million. Attends’ production facility is in Greenville, N.C., close to Domtar’s Plymouth, N.C. mill, from which it will purchase fluff pulp.

“This is a good transaction that allows us to take measured steps into the consumer products market in a product area where high single-digit global growth is expected,” said John D. Williams, president and CEO of Domtar. “We believe there is the potential to double Attends’ earnings within five years and we are committed to unleashing the great organic growth potential.”

Advertisment

Attends produces a complete line of incontinence care products and washcloths marketed primarily under the Attends® brand name. The company serves a diversified customer base in multiple channels throughout the United States and Canada. It operates a 775,000 square foot facility with nine production lines and a state-of-the-art distribution center in Greenville, North Carolina. Attends has approximately annual sales of approximately $200 million.


Print this page

Related



Leave a Reply

Your email address will not be published. Required fields are marked *

*