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Domtar Acquires Butterfly Health to Boost Personal Care
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Domtar Corporation , a leading fiber-based technology company, recently acquired the assets of Butterfly Health Inc. for an undisclosed amount. The strategic acquisition will extend the Personal Care segment of Domtar with complementary products.
Headquartered in Los Gatos, CA, Butterfly Health is a small consumer packaged goods company that is focused on health and wellness. The company offers body liners for accidental bowel leakage which is common in many heath conditions. The company provides discreet personal hygiene products for both women and men. They are readily available at CVS Health Corporation (CVS - Free Report) , Target Corp. (TGT - Free Report) and Wal-Mart Stores Inc. (WMT - Free Report) stores.
On its part, Domtar’s Personal Care segment manufactures and sells a wide range of incontinence solutions for adults, children and infants under leading brands like ATTENDS, ATTENDS DISCREET and COMFEES. The acquisition will facilitate the company to strengthen its position in the market. Domtar is expected to leverage its global footprint to extend its presence in additional healthcare markets, with a focus on Europe.
Headquartered in Montreal, Canada, Domtar has a unique expertise in transforming raw materials into products that suit customer requirements. It is currently seeking growth through profitable investment opportunities with a commitment to pollution-free environment and sustainable practices. The company is also streamlining the cost structure, improving revenue quality and maintaining a healthy cash flow with a disciplined approach to cash utilization.
The company, however, faces tremendous competitive pressure from local as well as global producers, who often have relatively greater financial resources and lower production costs. As a result, this Zacks Rank #3 (Hold) stock has to make continuous investments in value drivers, which reduce its profitability to some extent. The pulp and paper industry is also highly cyclical. Fluctuations in the prices and demand for the company’s pulp and paper products could result in lower sales volumes and smaller profit margins in the future. Nevertheless, we remain encouraged with the recent acquisition of Domtar to fuel its growth momentum.
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Domtar Acquires Butterfly Health to Boost Personal Care
Domtar Corporation , a leading fiber-based technology company, recently acquired the assets of Butterfly Health Inc. for an undisclosed amount. The strategic acquisition will extend the Personal Care segment of Domtar with complementary products.
Headquartered in Los Gatos, CA, Butterfly Health is a small consumer packaged goods company that is focused on health and wellness. The company offers body liners for accidental bowel leakage which is common in many heath conditions. The company provides discreet personal hygiene products for both women and men. They are readily available at CVS Health Corporation (CVS - Free Report) , Target Corp. (TGT - Free Report) and Wal-Mart Stores Inc. (WMT - Free Report) stores.
On its part, Domtar’s Personal Care segment manufactures and sells a wide range of incontinence solutions for adults, children and infants under leading brands like ATTENDS, ATTENDS DISCREET and COMFEES. The acquisition will facilitate the company to strengthen its position in the market. Domtar is expected to leverage its global footprint to extend its presence in additional healthcare markets, with a focus on Europe.
DOMTAR CORP Price
DOMTAR CORP Price | DOMTAR CORP Quote
Headquartered in Montreal, Canada, Domtar has a unique expertise in transforming raw materials into products that suit customer requirements. It is currently seeking growth through profitable investment opportunities with a commitment to pollution-free environment and sustainable practices. The company is also streamlining the cost structure, improving revenue quality and maintaining a healthy cash flow with a disciplined approach to cash utilization.
The company, however, faces tremendous competitive pressure from local as well as global producers, who often have relatively greater financial resources and lower production costs. As a result, this Zacks Rank #3 (Hold) stock has to make continuous investments in value drivers, which reduce its profitability to some extent. The pulp and paper industry is also highly cyclical. Fluctuations in the prices and demand for the company’s pulp and paper products could result in lower sales volumes and smaller profit margins in the future. Nevertheless, we remain encouraged with the recent acquisition of Domtar to fuel its growth momentum.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>