Ontex announces that it has completed the divestment of its business in Pakistan to ASAIA Holding FZ. The transaction includes Ontex’s plant and business in Pakistan.

Ontex announces that it has completed the divestment of its Algerian business to Hygianis SPA, its local distributor for more than 20 years. The transaction includes Ontex’s production facility and business in Algeria, as well as related exports to certain neighboring countries.

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 and Hygianis announce agreement for sale of Algerian business

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

Ontex announces that it has entered into a binding agreement to sell its Mexican business activities for approximately €285 million to Softys S.A., a personal hygiene company with operations across Latin America. Softys is a wholly owned subsidiary of Empresas CMPC S.A., headquartered in Chile.

Ontex Group NV notes the recent press speculation and confirms that it has engaged in preliminary discussions with American Industrial Partners (AIP) with respect to a possible transaction that may result in a business combination with AIP’s portfolio company Attindas.

Ontex Group NV noted today that COFECE, the Mexican antitrust authority, announced their decision on legacy practices in the personal hygiene industry. Their decision confirms that the facts investigated relate to the period February 2008 to June 2014, prior to Ontex’s acquisition of Mabe in 2016.

Ontex Group NV announced today that Ontex has received 500 million Brazilian Reais (81 million euros) from Hypera S.A.