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Gibson Dunn & Crutcher has advised U.S. consumer products company Kimberly-Clark Corporation on its $1.2 billion acquisition of personal care maker Softex Indonesia, which was represented by Singapore’s Allen & Gledhill and Soemadipradja & Taher.

According to Reuters, Softex will help expand Kimberly-Clark’s market share in Indonesia, where demand for disposable diapers has swelled in recent years due to a growing middle class. The diaper market in Indonesia is currently estimated at $1.6 billion, the sixth-largest in the world.

The Gibson & Dunn team was led by partners Saptak Santra, Jeffrey Chapman, Jonathan Whalen, Daniel Angel, Kelly Austin and Sébastien Evrard.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com. 

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