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Domtar acquires Home Delivery Incontinent Supplies

06 Oct '16

1 min read

Domtar, American provider of fibre-based products, has completed the acquisition of Home Delivery Incontinent Supplies (HDIS), a US-based direct-to-consumer provider of adult incontinence products. Domtar had announced earlier that it will purchase HDIS for a total cash consideration of $45 million with a possible earn-out payment of up to $10 million.

“Direct-to-consumer engagement and interaction is growing, and provides unique consumer and customer insights that are critical to continuously improve the value of our offering. Adding HDIS's successful high-touch service model and capabilities supports our personal care growth strategy,” said Michael Fagan, president, personal care division, Domtar.

“We found in Domtar personal care shared values of treating customers and employees like family. I look forward to watching the continued growth and success of the business,” said Dawn Grench, founder and owner of HDIS.

HDIS offers products and personalised services for adult incontinence needs. Its total revenues amount to approximately $65 million. The company also has a 200,000 square foot distribution centre in Missouri, US and two retail locations in the country. (KD)

Fibre2Fashion News Desk – India