Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Ontex to Acquire Hypermarcas' Personal Hygiene Business - Nonwovens Industry
Nonwovens News

Ontex to Acquire Hypermarcas’ Personal Hygiene Business

$300 million purchase expands Ontex's Americas retail division

Belgian diaper maker Ontex Group announced that it has entered into an agreement to acquire the personal hygiene business of Brazilian company Hypermarcas S.A. (“HM personal hygiene”) for an enterprise value of R$1 billion ($306.3 million)

The acquisition of HM personal hygiene supports the Ontex strategy by extending its market position in the Americas to Brazil, increasing sales from Ontex-owned brands, and accessing a fast growing market for adult incontinence.

Over the past 12 months, HM personal hygiene has generated revenue of approximately R$1.2 billion ($367.6 million) in the growing babycare and adult incontinence categories in Brazil, with a portfolio of strong local brands including the baby care brands PomPom, Cremer and Sapeka and the adult incontinence brands BigFral and AdultMax.

HM personal hygiene is the market leader in the adult incontinence category and holds a solid No. 3 position in baby care in Brazil, the fourth largest hygiene market in the world. HM personal hygiene has outperformed the market since 2012.

Ontex CEO Charles Bouaziz comments: “We are very excited to welcome HM personal hygiene into the Ontex community. This business has achieved leading market positions in the baby care and adult incontinence categories, built on attractive brands which respond to consumer needs, and strong sales execution. Following the successful integration of Grupo Mabe in Mexico, adding this business to our Americas Retail Division will give us strong positions in two of the top five personal hygiene markets in the world. This is another major step forward for Ontex, confirming that our development into a leading international consumer company is fully on track.”

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters