Ontex announces sale of Pakistan activities
28 Settembre 2023 - 5:45PM
Ontex announces sale of Pakistan activities
Aalst, Belgium, September 28,
2023 – Ontex Group NV (Euronext Brussels: ONTEX)
(“Ontex”), a leading developer and manufacturer of hygiene products
and solutions for retailers and healthcare, announces that it has
entered into a binding agreement to sell its business in Pakistan
to ASAIA Holding FZ. The transaction includes Ontex’s plant and
business in Pakistan.
Ontex’s business in Pakistan is part of Ontex’s
emerging markets activities, which have been classified as
discontinued operations following the strategic decision in 2021 to
divest these. Ontex aims to close the transaction, which is subject
to customary conditions, by the end of 2023.
***
Contact information
- Investors Geoffroy
Raskin +32 53 33 37
30
investor.relations@ontexglobal.com
-
Media
Maarten Verbanck +32 53 33 36
20
corporate.communications@ontexglobal.com
About Ontex
Ontex is a leading international developer and
producer of hygienic products and solutions for retailers and
healthcare, with expertise in baby care, feminine care and adult
care. Ontex’s innovative products are distributed in around 100
countries through leading retailer brands, lifestyle brands and
Ontex brands. Employing some 7,500 people all over the world, Ontex
has a presence in 20 countries, with its headquarters in Aalst,
Belgium. Ontex is listed on Euronext Brussels and is part of the
Bel Mid®. To keep up with the latest news, visit ontex.com or
follow Ontex on LinkedIn, Facebook, Instagram and
YouTube.
ONTEX GROUP NV Korte Keppestraat 21 9320
Erembodegem (Aalst) 0550.880.915 RPR Ghent – Division
Dendermonde
- Press release Ontex Pakistan EN
Grafico Azioni Ontex Group NV (EU:ONTEX)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Ontex Group NV (EU:ONTEX)
Storico
Da Dic 2023 a Dic 2024
