Domtar Completes Acquisition of Indas

Domtar Corp., Montreal, Que., Canada, has announced the closing of its acquisition of privately-held Laboratorios Indas, SAU (Indas), pursuant to a definitive agreement announced this past November. 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 Indas, Domtar will become one of the leading adult incontinence products manufacturers in Europe, providing the company with the "critical mass" on which to build a pan-European business.

 

Domtar produces a wide variety of fiber-based products including communication papers, specialty and packaging papers, and absorbent hygiene products. The company operates a network of wood fiber converting assets that produce paper grade, fluff, and specialty pulps. The majority of its pulp production is consumed internally to produce paper and consumer products. The company employs approximately 10,000 people.