Domtar (UFS) to Acquire Home Delivery Incontinent Supplies in ~$55M Deal
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Domtar Corporation Announces Acquisition in Personal Care
August 18, 2016 6:55 AM EDT(All financial information is in U.S. dollars, unless otherwise noted.)
FORT MILL, S.C.--(BUSINESS WIRE)-- Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced that it had agreed to purchase the privately-held Home Delivery Incontinent Supplies Co. (HDIS), a leading, national direct-to-consumer provider of adult incontinence and related products for a total cash consideration of $45 million with a possible earn-out payment of up to $10 million. The closing of the transaction is expected by year-end, subject to customary closing conditions.
Direct-to-consumer engagement and interaction is... More