Ontex and Hygianis announce agreement for sale of Algerian business
Global Newswire by Notified: M&A
AUGUST 9, 2023
Aalst, Belgium, August 9, 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 Algerian business to Hygianis SPA, its local distributor for more than 20 years.
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