Canada's Domtar to buy Spanish diaper maker Indas

Tue Nov 19, 2013 9:17am EST
 
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Nov 19 (Reuters) - Canadian paper and pulp products producer Domtar Corp said it would buy privately held Spanish diaper maker Laboratorios Indas for 285 million euros ($386 million).

Domtar has been buying diaper makers in the United States and Europe in the past two years to expand its personal care business and reduce its exposure to weak pulp prices.