10.04.16
Domtar Corporation has completed the acquisition of Home Delivery Incontinent Supplies Co. (“HDIS”), pursuant to a definitive agreement announced on August 18, 2016, for a total cash consideration of $45 million with a possible earn-out payment of up to $10 million.
HDIS is a leading, national direct-to-consumer provider of adult incontinence and related products that provides customers with high-quality products and a personalized service for all of their incontinence needs. The company has total revenues of approximately $65 million and operates a 200,000 square foot distribution center in Olivette, MO, as well as two retail locations, in Texarkana, AK and Daytona Beach, FL and employs approximately 240 people.
HDIS is a leading, national direct-to-consumer provider of adult incontinence and related products that provides customers with high-quality products and a personalized service for all of their incontinence needs. The company has total revenues of approximately $65 million and operates a 200,000 square foot distribution center in Olivette, MO, as well as two retail locations, in Texarkana, AK and Daytona Beach, FL and employs approximately 240 people.