Domtar continues to grow its personal care business in Europe with the
completion of the acquisition of Indas
(NYSE: UFS) (TSX: UFS)
MONTREAL, Jan. 2, 2014 /CNW Telbec/ - Domtar Corporation (NYSE: UFS) (TSX:
UFS) 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 (NYSE: UFS) (TSX: UFS) designs, manufactures, markets and
distributes a wide variety of fiber-based products including communication
papers, specialty and packaging papers and absorbent hygiene products. The
foundation of its business is a network of world class wood fiber converting
assets that produce papergrade, fluff and specialty pulps. The majority of its
pulp production is consumed internally to manufacture paper and consumer
products. Domtar is the largest integrated marketer of uncoated freesheet
paper in North America with recognized brands such as Cougar(®), Lynx(®)
Opaque Ultra, Husky(®) Opaque Offset, First Choice(®) and Domtar
EarthChoice(®). Domtar is also a leading marketer and producer of a broad
line of incontinence care products marketed primarily under the Attends(®)
brand name as well as baby diapers. In 2012, Domtar had sales of US$5.5
billion from some 50 countries. The Company employs approximately 10,000
people. To learn more, visit www.domtar.com.
SOURCE Domtar Corporation
MEDIA AND INVESTOR RELATIONS Pascal Bossé Vice-President Corporate
Communications and Investor Relations Tel.: 514-848-5938
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CO: Domtar Corporation
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-0- Jan/02/2014 21:32 GMT
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