M&A Deal Summary

Hygianis Acquires Ontex Group - Algerian Business

On August 9, 2023, Hygianis acquired consumer products company Ontex Group - Algerian Business from Ontex Group

Acquisition Highlights
  • This is Hygianis’ 1st transaction in the Consumer Products sector.
  • This is Hygianis’ 1st transaction in Belgium.

M&A Deal Summary

Date 2023-08-09
Target Ontex Group - Algerian Business
Sector Consumer Products
Buyer(s) Hygianis
Sellers(s) Ontex Group
Deal Type Divestiture

Target

Ontex Group - Algerian Business

Aalst, Belgium
Ontex Group's Algerian Business is manufacturer of hygiene products in Aalst, Belgium.

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Buyer(S) 1

Buyer

Hygianis

Hydra, Algeria

Category Company
Founded 2003
Sector Distribution
DESCRIPTION

Hygianis is a distributor of hygiene products. Hygianis was founded in 2003 and is based in Hydra, Algeria.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Ontex Group

Aalst, Belgium

Category Company
Founded 1979
Sector Consumer Products
Employees9,022
Revenue 1.9B EUR (2024)
DESCRIPTION

Ontex Group is a label manufacturer of baby diapers, adult incontinence products, and feminine hygiene disposables. The company is headquartered in Belgium and has more than 4,000 employees and more than 10 manufacturing plants in the EU, CEE, Turkey, Algeria and China. Ontex Group was incorporated in 1979 and is based in Aalst, Belgium.


DEAL STATS #
Overall 1 of 3
Sector: Consumer Products M&A 1 of 3
Type: Divestiture M&A Deals 1 of 3
Country: Belgium M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-23 Hypermarcas - Personal Hygiene Business

Sao Paulo, Brazil

Hypermarcas - Personal Hygiene Business is the market leader in the adult incontinence category and holds a solid number 3 position in Babycare in Brazil, the 4th largest hygiene market in the world. HM personal hygiene has outperformed the market since 2012.

Buy €286M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-30 Ontex Group - Brazilian Business

São Paulo, Brazil

Ontex Group's Brazilian Business develops, manufactures, commercializes and distributes diapers and pants for the baby care. Ontex Group's Brazilian Business is based in São Paulo, Brazil.

Sell R$671M