INBRAND CORPORATION
1169 Canton Road
Marietta, GA 30066
September 10, 1996
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
Pursuant to the rquirements of the Securities and Exchange Act of
1934, we are transmitting herewith the attached Form 8-K.
Sincerely,
INBRAND CORPORATION
James R. Johnson
James R. Johnson, Senior Vice President and Chief Financial Officer
[TYPE] 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of The Securities and
Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 31, 1996
INBRAND CORPORATION
(Exact name of registrant as specified in its charter)
Georgia 0-22144 58-113677
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1169 Canton Road, Marietta, Georgia 30066
(Address of Principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (770)422-3036
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INBRAND CORPORATION
Item 5 Other Events
On July 31, 1996, INBRAND Corporation ("INBRAND") through its new
subsidiary INBRAND Europe, B.V. ("INBRAND Europe"), acquired Julian
T. Holding B.V., a Dutch company ("JTH"), upon execution of a
definitive Contribution Agreement. This acquisition completes
the transaction originally contemplated in the Master Agreement
executed by the parties on February 20, 1996.
Under the terms of the Agreement, in exchange for all of the outstanding
shares of JTH, Mr. Jan Van Grinsven, the sole shareholder of JTH, became
a 4.95% shareholder of INBRAND Europe. Prior to this transaction, the
management of JTH and Mr. Van Grinsven had assumed management positions
with INBRAND France, S.A. (INBRAND France"), also a subsidiary of
INBRAND Europe, as part of INBRAND'S plan to restructure the former
Celatose operations acquired by INBRAND France in February, 1996.
JTH, based in Goirls, The Netherlands manufactures adult incontinence
products and distributes these products, together with disposable
baby diapers and related products, through its distribution operations
in the Benelux countries, Norway and the United Kingdom. JTH's
Manufacturing operations are based in the United Kingdom.
<PAGE>
INBRAND CORPORATION
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
INBRAND CORPORATION
By:/s/James R. Johnson
James R. Johnson,Senior
Vice President, Chief
Financial Officer and
Secretary
Dated: September 10, 1996
