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 is delighted to announce the election of Paul Wood, President of Ontex North America, to the Board of Directors at INDA, the Association of the Nonwoven Fabrics Industry.

Ontex announces the appointment of Geert Peeters as Chief Financial Officer, effective December 1, 2023.

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 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.

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.