DOMS Industries Expands into Baby Hygiene Market with Strategic Stake in Uniclan

DOMS Industries Limited has completed its strategic acquisition of a 51.77% equity stake in Uniclan Healthcare Private Limited (Uniclan), a growing producer of baby diapers, wipes, and other hygiene products, making Uniclan a subsidiary. As part of the transaction, DOMS acquired 71,16,080 equity shares for ₹54.88 crore, of which ₹28.88 crore will be used for Uniclan’s capacity expansion, debt repayment, and working capital needs.

This acquisition aligns with DOMS’ growth strategy by expanding its product portfolio into the baby hygiene sector. Uniclan’s advanced manufacturing facility in Jaipur, Rajasthan, produces 400 million baby pull-up pant diapers annually under its flagship brand, Wowper. With a strong focus on R&D and international quality standards, Uniclan aims to increase its market reach by expanding its distribution network.

For DOMS, the acquisition provides access to the $2 billion diaper market, growing at a CAGR of 16%. Uniclan will benefit from DOMS’ extensive distribution network, while DOMS could leverage Uniclan’s network for its own product distribution in the long term, enhancing growth potential for both companies.

Commenting on the acquisition, the Managing Director of DOMS Industries Limited, Mr Santosh Raveshia, said, “We are pleased to announce our strategic entry into the baby hygiene segment with this investment in Uniclan. Its well-accepted product portfolio, growing market presence and forward-thinking approach align perfectly with our vision for growth and diversification. This acquisition is a crucial step in our long-term strategy to explore new sectors that enhance our business portfolio and resonate well with our targeted focus on children in their growing years.”

He further added, “While we remain focused on driving innovation and delivering value across our core business segments, the expansion is expected to boost our distribution network in the long term, opening new avenues for sales and contributing to our overall success. We are eager to forge a successful partnership with Uniclan and anticipate numerous opportunities for innovation and mutual success.”

The Founder and Director of Uniclan Healthcare Private Limited, Mr Vatsal Desai, stated, “We are excited to partner with DOMS, a company that shares our commitment to long-term value creation. We believe that with our focus on product quality and innovation, and leveraging the DOMS distribution network in India and globally, we shall be able to elevate Uniclan’s growth trajectory and expand our reach. By leveraging DOMS consumer knowledge and market expertise, we are confident that we can further strengthen our brand and continue to deliver exceptional products to our customers. Together, we look forward to setting new benchmarks in the industry and driving forward our shared vision for the future.” 

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