Our Portfolio > Drypers
Company Description
| Initial investment date | Feb 2001 |
| Current Navis Ownership | 98% |
| Country | Malaysia |
| Status | Realized |
Drypers Asia (”DA”) is a branded baby and adult diaper manufacturer with a leading market share position in Malaysia, Singapore and Brunei. During Navis’ ownership, DA became the largest diaper producer in Southeast Asia after successfully entering Thailand and the Philippines. DA operates a manufacturing plant located in Malaysia, serving a subset of markets across Southeast Asia.
Investment Rationale
- Regional leadership and highly competitive cost structure
- Experienced management team
- Bankrupt corporate parent constraining growth
- Good brand equity and awareness
- Under penetrated in retail channels ; consumers frustrated at lack of availability