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Domtar expands personal care business with European buy

Domtar is pushing further into the personal care market with the acquisition of Laboratorios Indas, SAU, a leading branded incontinence products manufacturer and marketer in Spain.

Domtar is pushing further into the personal care market with the acquisition of Laboratorios Indas, SAU, a leading branded incontinence products manufacturer and marketer in Spain.

“The acquisition of Indas advances our transformation into a leader in personal care, an attractive market segment that is an important growth engine for Domtar,” said John D. Williams, president and CEO of Domtar. “With the addition of the new business, Domtar will become one of the leading adult incontinence products manufacturers in Europe, providing the critical mass upon which to build a pan-European business. As a result of this transaction, we are substantially closer to achieving our previously stated goal of generating at least $300 million of EBITDA from fiber based consumer products by 2017.”

With a primarily branded product offering, Indas has a leading market position across a number of adult incontinence segments in Spain including heavy incontinence and underpads as well as branded light incontinence. They also produce a wide range of absorbent-related hygienic and medical products.