Press release from CNW Group
Domtar completes acquisition of Associated Hygienic Products
Monday, July 01, 2013
Domtar completes acquisition of Associated Hygienic Products16:00 EDT Monday, July 01, 2013
(NYSE: UFS) (TSX: UFS)
(All financial information is in U.S. dollars, unless otherwise noted.)
MONTREAL, July 1, 2013 /CNW Telbec/ - Domtar Corporation (NYSE: UFS) (TSX: UFS) today dramatically increased its Personal Care segment's footprint and product range with the completion of the acquisition of Associated Hygienic Products ("AHP") from DSG International, pursuant to a definitive agreement announced on May 28, 2013.
AHP is the largest supplier of store brand infant diapers in the United States, with manufacturing facilities in Delaware, Ohio and Waco, Texas, along with administrative offices and a distribution center in Duluth, Georgia. The acquired business will be presented as part of the Personal Care reportable segment in Domtar's financial statements.
Domtar Corporation (NYSE: UFS) (TSX: UFS) designs, manufactures, markets and distributes a wide variety of fiber-based products including communication papers, specialty and packaging papers and adult incontinence 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. Domtar is the largest integrated marketer of uncoated freesheet paper in North America with recognized brands such as Cougar®, Lynx® Opaque Ultra, Husky® Opaque Offset, First Choice® and Domtar EarthChoice®. Domtar is also a leading marketer and producer of a complete line of incontinence care products marketed primarily under the Attends® brand name as well as baby diapers. Domtar owns and operates Ariva®, a network of strategically located paper and printing supplies distribution facilities. In 2012, Domtar had sales of US$5.5 billion from some 50 countries. The Company employs approximately 9,300 people. To learn more, visit www.domtar.com.
SOURCE: Domtar Corporation
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