Cases & Deals

Vista Desarrollo sells Indas to Domtar for €400 million (US$540 million)

Clients Vista Desarrollo, S.A., S.C.R.

Jones Day advised Vista Desarrollo, S.A., S.C.R. in the sale of Laboratorios Indas, S.A., a Spain-based manufacturer of hygienic-sanitary products, to Domtar Corporation for €400 million (US$540 million). Domtar acquired all the outstanding capital stock for €285 million (US$384 million) and the business is expected to have approximately €140 million (US$189 million) of debt, net of cash, at closing. The net debt is expected to be reduced by the collection of approximately €25 million (US$33 million) of past due accounts receivable before year end or early 2014, resulting in an enterprise value of €400 million (US$540 million). The majority of the debt will be repaid by Domtar in connection with the closing of the transaction.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.