M&A Deal Summary

Softys Acquires Ontex Group - Brazilian Business

On September 30, 2024, Softys acquired consumer products company Ontex Group - Brazilian Business from Ontex Group for 671M BRL

Acquisition Highlights
  • This is Softys’ 1st transaction in the Consumer Products sector.
  • This is Softys’ 0th largest (disclosed) transaction.
  • This is Softys’ 1st transaction in Brazil.

M&A Deal Summary

Date 2024-09-30
Target Ontex Group - Brazilian Business
Sector Consumer Products
Buyer(s) Softys
Sellers(s) Ontex Group
Deal Type Divestiture
Deal Value 671M BRL

Target

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.

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Buyer(S) 1

Buyer

Softys

Santiago, Chile

Category Company
Founded 1980
Sector Consumer Products
DESCRIPTION

Softys is a personal hygiene company with operations across Latin America. Softys was founded in 1980 and is based in Santiago, Chile.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Ontex Group

Aalst, Belgium

Category Company
Founded 1979
Sector Consumer Products
Employees9,022
Revenue 1.8B EUR (2023)
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 2 of 2
Sector (Consumer Products) 2 of 2
Type (Divestiture) 2 of 2
Country (Brazil) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-09 Ontex Group - Algerian Business

Aalst, Belgium

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

Sell -