Diapers Get Messy…But Could Be A Good Business To Be In.

A Morgan Stanley-backed investment fund recently announced it has taken a  stake in baby and adult diaper maker DSG International Thailand:

http://www.reuters.com/article/us-dsg-intl-th-morgan-stanley-m-a-idUSKCN12B10H

Groupe Bruxelles Lambert, a Belgium-based investment holding company which I believe is a good long-term hold and is up nearly 15% in EUR terms since my post (ABC, DEF, GBL?), also has exposure to a similar business via its investment in Belgium’s Ontex (www.ontexglobal.com).

I am going to go out on a limb here, but it looks like the smart money may be in diapers.

 

ABC, DEF, GBL?

Nope…I didn’t forget my alphabet, I am writing about Groupe Bruxelles Lambert (the “GBL” above). GBL is the second largest holding company in Europe with a history going back more than one hundred years (founded in 1902, listed in 1956).  Continue reading