Ontex announces that it has entered into a binding agreement to sell its business in Pakistan to ASAIA Holding FZ. The transaction includes Ontex’s plant and business in Pakistan.

Ontex announces that Peter Vanneste, Chief Financial Officer at Ontex, has decided to leave Ontex early October 2023, to pursue a career opportunity outside the Group. His successor will be announced in due time. In the interim the responsibilities of CFO will be assumed by Gustavo Calvo Paz, CEO.

Ontex and Hygianis announce agreement for sale of Algerian business

Ontex announces that it has reimbursed its €220 million euro term loan, with proceeds from its recently divested Mexican business activities. It also reached an agreement with the bank syndicate to extend its current revolving credit facility of up to €250 million, from June 2024 to December 2025.

Ontex announces that it has completed the divestment of its Mexican business activities to Softys S.A..

Ontex Group NV announces changes to its Board of Directors and the dissolution of the Strategy Committee.

Ontex has received a top ‘A’ rating for leadership in corporate transparency and performance on climate change from global environmental non-profit Carbon Disclosure Project (CDP)

The Board of Directors of Ontex has appointed Mr. Gustavo Calvo Paz as new Chief Executive Officer, with effect from November 14, 2022, succeeding Ms. Esther Berrozpe.

Ontex has activated a large solar installation at the site of its factory in Ortona, Italy. Ontex plans to become carbon neutral and less dependent on energy from the grid through on-site renewable energy generation.