Completion of Attends Sale

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Completion of Attends Sale

Rutland Partners, the specialist turnaround and restructuring investor, is pleased to confirm the formal completion of the sale of Attends Healthcare Group to Domtar Corporation for €180 million, pursuant to the definitive agreement signed on 26 January 2012.

The four year investment programme and operational restructuring of Attends has delivered a well invested and focused business that is well positioned to take advantage of future growth in the adult incontinence category.

The exit represents a return of 3.3x Rutland’s investment of £26.4 million.
Nick Morrill, Managing Partner of Rutland commented:

“The sale of Attends is a prime example of our investment strategy and represents an excellent result for our investors and the management team. We wish the business every success under Domtar ownership.”

Attends Project Story


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