Kimberly-Clark Corp. expands personal care market share in Italy.
Dallas -- Kimberly-Clark Corp. has signed a definitive agreement to acquire Linostar, a leading Italian-based diaper manufacturer that produces and markets Lines, Italy's second largest diaper brand. Linostar is currently owned by the Bolton Group (Amsterdam), which manufactures, markets and distributes a wide range of branded consumer goods. The closing of the transaction is expected shortly and details of the purchase were not disclosed.
This purchase comes several months after Kimberly-Clark entered the Italian personal care market with its recent launch of child care products.
