Domtar completes acquisition of Indas

January 03, 2014 - Canada

Domtar Corporation 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.

About Domtar

Domtar Corporation 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.