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Hangzhou Personal Care to Buy Ellaire Diaper Business

GOO.N diapers to be outsourced following acquisition

Hangzhou Personal Care Co., Ltd. has announced its plan to acquire the core assets of Elleair (Nantong) located in Nantong Economic and Technological Development Zone, Jiangsu Province, with a transaction amount of 266 million yuan or $1.5 million The core assets include the land use rights, factory buildings, and 11 baby diaper production lines. Following the completion of this transaction, the production business of the well-known brand “G00.N” baby diapers under Nantong Elleair will be outsourced to contract manufacturers such as Haoyue for processing.

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