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.

Today Ontex opened a new facility in Stokesdale, part of Rockingham County in the U.S. state of North Carolina. The new Ontex plant currently employs nearly 100 people and manufactures baby diapers for retailers and lifestyle brands. The new plant is planned to expand its production and workforce to also manufacture other product categories.

Ontex announced the official opening of its Global Excellence Center (GEC) for Process Engineering and Global Platform Innovation. In the presence of Ontex CEO Esther Berrozpe, the center was officially opened in Mayen, Germany. Around 180 people will work at the site, as operators of development production lines, engineers and lab technicians.

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.

Mayen, Germany, September 17, 2021. Ontex today announced that manufacturing at its plant in Mayen (Germany) will be gradually phased out by mid-2022. Mayen will become an excellence center for Global Process Engineering, Global Product Technology and Market Adaptation Baby Care, and thereby will be instrumental to bring innovations faster to our consumers.

Ontex Group NV has entered into an agreement with Hypera S.A. settling certain claims relating to the acquisition of the Brazilian personal hygiene business of Hypera by Ontex. As part of the settlement, Ontex will receive 500 million Brazilian Reais (€81 million) from Hypera by October 1, 2021.

The Board of Directors of Ontex has appointed Mrs. Esther Berrozpe Galindo as new Chief Executive Officer, with effect from January 1, 2021. On that date, Mrs. Berrozpe will succeed Mr. Thierry Navarre, who has been acting as interim CEO since July 30, 2020.

Ontex today announces changes to its Board of Directors and the creation of a Strategy Committee as the company continues to sharpen its strategic focus.