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.

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.