Breaking News

Unicharm completes acquisition of Myanmar Care Products

September 11, 2013

Last month, Japanese hygiene manufacturer Unicharm said it completed the scheduled acquisition of CFA International Paper Products in Singapore, who owns 88% of shares in Myanmar Care Products, a leading supplier of feminine napkin and disposable baby diapers in Myanmar, as well as 10% of outstanding shares in Mycare, its Thailand affiliate.

The acquisition gives Unicharm a total of 98% voting rights of outstanding shares in Mycare. The integrated management of the two companies is expected to further strengthen Unicharm's leadig position in Myanmar and other rapidly growing ASEAN countries.

Following the acquistion, Myanmar Care Products changed its name to Mycare Unicharm. The company, founded in 1995, is the manufacturer of Eva feminine hygiene and MyBaby baby diapers, which are both well known throughout Myanmar, a a fast-growing southeast Asian country with a population of 62 million.

  • The New  Private Label

    The New Private Label

    Karen McIntyre, editor||January 5, 2016
    Retailers aren’t just focusing on price to lure consumers in.

  • Core Strength

    Core Strength

    Karen McIntyre, editor||January 5, 2016
    Low pulp or no pulp, one thing is for sure diapers are thinner than ever.

  • The Best For Baby

    The Best For Baby

    Tara Olivo, associate editor||January 5, 2016
    Diaper makers hone in on innovation, making diapers thinner, softer and more comfortable than ever before.