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Eton Park and IDESA Complete Acquisition of Kimberly-Clark de Mexico's Industrial Products Division
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New York, New York, USA, 27 October 2006 -- /PRNewswire/ -- Eton Park Capital Management LP announced today that it and Impulso de Desarrollos Estrategicos SA of Mexico (IDESA) have completed the acquisition of a 60% equity interest and control of PIMSA, the industrial products division of Kimberly-Clark de Mexico (KCM) in a transaction valued at USD 434 million. KCM has retained a 40% equity interest.

PIMSA's paper products include some of the most recognized brand names in Mexico. Its notebook products are sold under a variety of brand names, including the widely-recognized Scribe umbrella brand name, which was launched in 1970 and has a market share of over 80% of the Mexican notebook market.

"We are delighted to partner with IDESA and KCM on this attractive transaction," said Edward Misrahi, senior managing director of Eton Park. "We are extremely excited about the prospects for PIMSA, with its brand names, high market share, and exceptional management team."

In addition to Mexico, Eton Park has made numerous private and public investments throughout Latin America.

About Eton Park

Eton Park is a global, multi-disciplinary, team-oriented investment organization dedicated to delivering superior risk-adjusted returns over a multi-year period. With an absolute return orientation, Eton Park follows a bottom-up, research-driven approach seeking attractive assets both in the public and private arenas. Eton Park has significant investments in emerging markets. Eton Park currently manages over USD 5.5 billion and has offices in New York, London, and Hong Kong.


Source: Eton Park Capital Management LP


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