Debevoise Advises Domtar in the $920 Million Sale of Its Personal Care Business to American Industrial Partners

8 January 2021

Debevoise & Plimpton LLP is advising Domtar Corporation (NYSE: UFS) in the $920 million sale of its personal care business to American Industrial Partners (AIP). With this sale, Domtar is reinforcing its focus on building an industry-leading paper, pulp and packaging company to deliver long-term shareholder value. For more information, please see the company’s press release.

Domtar, the largest integrated producer and marketer of uncoated free-sheet paper in North America, manufactures a wide variety of pulp, paper and personal care products. AIP is a leading private equity investment firm that works with middle-market businesses in the industrial economy.

The Debevoise team is led by M&A partners Paul Bird and William Regner and includes counsel Molly Stockley and associates Katherine Durnan, James Malmo, Ethan McMahon and Chibundu Okwuosa and law clerk Joshua DeBarba, finance partner Jeffrey Ross, counsel Katarina Molnarova and associate Jonathon Yeung, benefits partner Jonathan Lewis and associates David Deutsch, Sandy De Sousa and Simone Hicks, tax partner Gary Friedman and associate Cameron Rotblat, intellectual property partner Henry Lebowitz and associate Jason LeBlanc, antitrust partner Ted Hassi, counsel Kyra Bromley and associate Leah Martin and environmental counsel Stuart Hammer.