Ontex reaches binding agreement to sell its Turkish subsidiary to Dilek Grup

Ontex reaches binding agreement to sell its Turkish subsidiary to Dilek Grup. The transaction includes Ontex’s business in Türkiye and related export business, as well as its plant in Istanbul. Ontex aims to complete the transaction in the course of the third quarter of 2025, subject to approval by the Turkish competition authority.

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Transparency Declaration Notification

On November 12, 2024, BPCE SA, Natixis SA, Natixis Investment Managers, NIM Participations 3 and DNCA Finance combined detained 2,491,966 Ontex voting securities or voting rights, representing 3.03% of voting securities, and thereby crossed upward the threshold of 3%.

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Transparency Declaration Notification

On October 7, 2024, Black Creek Investment Management Inc. detained 2,442,764 Ontex voting securities or voting rights, representing 2.97% of voting securities, and thereby crossed downward the threshold of 3%.

Ontex reaches important milestone in reshaping its portfolio with binding agreement to sell its Brazilian business to Softys

Ontex announces that it has entered into a binding agreement to sell its Brazilian business activities to Softys S.A. for an enterprise value of BRL 671 million (or approximately €110 million).

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Ontex announces intention to restructure its production and distribution activities in Belgium, with strategic investment in refocused activity

Ontex announces the intention to restructure its Belgian production and distribution activities, as part of its strategic transformation to strengthen its competitive position in the European market. This intended restructuring would entail the closure of the Eeklo site, as well as the transformation of the Buggenhout site, enabled by investments in the range of €40 million.

Ontex 2024 shareholders’ meeting

Ontex Group NV held its 2024 shareholders’ meeting in Aalst, Belgium on May 3, 2024.

Ontex publishes annual report and convenes its annual general shareholders’ meeting

Ontex has published its 2023 integrated annual report and related documents and convenes its annual general shareholders’ meeting to be held at its headquarters in Aalst, Belgium, on May 3, 2024.

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Ontex: Transparency Declaration Notification

On March 20, 2024, Mr. Joannes G.H.M. Niessen and Mont Cervin SARL detained 2,517,540 Ontex voting securities or voting rights, representing 3.06% of voting securities, and thereby crossed the threshold of 3% upward.

Ontex congratulates Paul Wood on election to INDA’s Board of Directors

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.