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 foll