Canadian leakproof apparel maker Knix sells majority stake to Essity of Sweden
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TORONTO — Canadian apparel brand Knix Wear Inc., maker of leakproof underwear for periods and incontinence, has a new majority shareholder. The privately held company says it has agreed to sell 80 per cent of its ownership to Swedish hygiene products maker Essity for US$320 million. Joanna Griffiths, founder and CEO of Knix, calls it […]
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