Home breadcru News breadcru Medical Textiles breadcru Domtar completes Attends acquisition

Domtar completes Attends acquisition

02 Sep '11
2 min read

Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced the completion of the acquisition of Attends Healthcare, Inc. ("Attends") from KPS Capital Partners, L.P. for $315 million, pursuant to a definitive agreement entered into on August 12, 2011.

Attends produces a complete line of incontinence care products and washcloths marketed primarily under the Attends® brand name. The management team of Attends will remain in place, and the acquired business will be presented as a reportable segment in Domtar's financial statements.

About Domtar
Domtar Corporation (NYSE: UFS) (TSX: UFS) is the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, and is also a manufacturer of papergrade, fluff and specialty pulp. TheCompany designs, manufactures, markets and distributes a wide range of business, commercial printing and publishing as well as converting and specialty papers including recognized brands such as Cougar®, Lynx® Opaque Ultra, Husky® Opaque Offset, First Choice® and DomtarEarthChoice® Office Paper, part of a family of environmentally and socially responsible papers. Domtar also produces a complete line of incontinence care products and washcloths marketed primarily under the Attends® brand name. Domtar owns and operates ArivaTM, an extensive network of strategically located paper distribution facilities. The Company employs approximately 8,800people.

Domtar Corporation

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!