Domtar plans to double size of newly acquired U.S. personal-care unit Attends Healthcare in five years, will watch for additional takeover opportunities, CEO says
NANAIMO, British Columbia
October 28, 2011
– Domtar Corp., North America's biggest business papers producer, plans to double the size of its newly-acquired U.S. personal-care unit Attends Healthcare Inc. in five years while watching closely for other takeover opportunities and returning more cash to shareholders, CEO John Williams said Thursday.
Attends, which makes disposable incontinence products for adults, has annual sales of about $200 million US, 300 employees and a 775,000 squarefoot plant and distribution centre in Greenville, N.C.