Domtar acquires venture-backed Butterfly Health
Domtar Corp (NYSE, TSX: UFS) has bought the assets of Butterfly Health Inc, a Los Gatos, California-based provider of a personal hygiene solution for accidental bowel leakage. No financial terms were released. Domtar, a Canadian manufacturer of fibre-based products, made the acquisition via its personal care division. It said it would leverage its global footprint to expand commercialization of Butterfly's product in new healthcare markets. Founded in 2012, Butterfly was backed by a number of investors, including Canaan Partners and HealthTech Capital.
29 June 2016•2 mins read
