Domtar to Buy Associated Hygienic Products for $272 Million
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Domtar Corp., the Canadian paper maker that’s expanding into personal-care products, agreed to pay $272 million for DSG International Ltd.’s Associated Hygienic Products, a manufacturer of infant diapers.
The deal will close by the end of the second quarter, Montreal-based Domtar said in a statement today. Domtar said it expects to save $10 million within two years by integrating the business with its personal-care segment, which already produces Attends brand adult incontinence products.