Latest news with #OntexGroupNV
Fibre2Fashion
11-07-2025
- Business
- Fibre2Fashion
Belgium's Ontex Launches BioSAP in diapers to lower carbon footprint
Ontex Group NV [EURONEXT: ONTEX], a leading international developer and producer of personal care solutions, is advancing its sustainability journey with the introduction of bio-based superabsorbent polymers (bioSAP) in its diapers, with an initial rollout in selected products. This new material replace virgin fossil-based plastic SAP in the core absorbent component, helping lower the carbon footprint of the product while maintaining performance. This step aligns with Ontex's commitment to embedding good, scalable sustainability practices into every product. SAP (superabsorbent polymer) is essential to diaper performance yet is traditionally made from fossil-based plastic. It is also one of the most carbon-intensive components in hygiene products. The bioSAP now being introduced has a 15% to 25% lower carbon footprint than conventional SAP, with a promising outlook as the technology continues to evolve. By embracing innovations like bioSAP, Ontex is advancing its long-term goal of reducing environmental impact through sustainable solutions. Ontex Group has introduced bio-based superabsorbent polymers (bioSAP) in selected diaper products, reducing carbon footprint by 15â€'25 per cent compared to fossil-based SAP. This aligns with its goal to cut Scope 3 emissions by 25 per cent by 2030. The move supports circularity and reinforces Ontex's commitment to scalable, sustainable innovation. 'Every step forward must strike the right balance between environmental ambition and practical solutions,' says Annick De Poorter, Chief Innovation & Sustainability Officer. 'That means moving fast where we can, keeping products affordable, and making choices that are smart in design and more sustainable by default.' Reducing impact through smarter material choices Ontex's Scope 3 greenhouse gas emissions are largely driven by raw materials, which account for approximately 80% of the total footprint across sourcing, production, and end-of-life waste treatment. Materials such as SAP and plastic synthetic nonwovens represent about half of these emissions. The shift to bioSAP is a strategic move towards achieving Ontex's SBTi-validated target to reduce Scope 3 emissions by 25% by 2030. While it is initially rolled out to selected products under the Moltex Pure and Nature brand, Ontex's baby diaper brand available in retailers and online across Europe, the development also lays the groundwork for broader application. This includes future products and offerings for retail partners. BioSAP: a step forward, with an eye on circularity The conventional SAP available in the market is currently not recyclable or industrially compostable. However, Ontex views biodegradable SAP as a key enabler for multiple circular solutions in the future. The company continues to monitor innovation in this area closely, while remaining realistic about current limitations. 'Consumers today want sustainable products that don't compromise on affordability, quality, or comfort,' says Laurent Nielly, President Europe division . 'By taking this step now, we're laying the groundwork for future breakthroughs. We invite our partners to collaborate with us in scaling up bioSAP and other sustainable innovations, so together we can meet market demands and drive sustainable growth, living up to our promise to be 'Here for you. Here for the better.'' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
Fibre2Fashion
23-05-2025
- Business
- Fibre2Fashion
Belgium's Ontex launches 360° leak protection in baby diapers
Ontex Group NV [EURONEXT: ONTEX], a leading international developer and producer of personal care solutions, announced the launch of an all-around leak protection system in baby diapers. The new 360° leak protection offers comprehensive front, back and side-to-side coverage designed to deliver all-around coverage that helps keep babies comfortable, dry, and secure. The 360° anti-leak barriers are available in Ontex's smallest diaper sizes, delivering reliable protection from day one. These sizes feature added barriers for extra leak protection in all areas as well as a built-in navel cutout to protect the umbilical area and support healing during early development. The diaper incorporates a channeled absorbent core paired with cloud-soft materials that gently wrap around a newborn's body. The design reflects Ontex's commitment to using safe, high-quality materials parents can trust, providing a secure and comfortable experience. 'As both a mom and a product developer, I understand how important it is for parents to feel confident in the products they choose for their babies,' said Hillary McElroy, Director of Baby Care Product & Marketing for Ontex North America. 'Our new 360° anti-leak technology offers parents peace of mind, knowing their babies are well-protected no matter what the day brings. We're committed to bring innovation for everyone, engineering solutions that support parents in providing the very best care for their little ones.' As a trusted partner to major retailers around the world, Ontex is proud to lead the way in creating products that prioritize both comfort, performance and affordability. With decades of expertise in the personal care industry, Ontex continues to innovate and respond to the evolving needs of parents worldwide. The 360° anti-leak protection system is the latest example of Ontex's commitment to delivering safe, effective and reliable solutions for babies and families to make everyday life easier, across generations. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Ontex Group has launched a new 360° leak protection system in its baby diapers, offering full front, back, and side coverage. Available in the smallest sizes, it includes extra barriers and a navel cutout for newborn care. With soft materials and a channelled core, the design ensures comfort and dryness, reinforcing Ontex's commitment to safe, high-quality baby care solutions. Fibre2Fashion News Desk (HU)
Fibre2Fashion
19-05-2025
- Business
- Fibre2Fashion
Ontex ropes in CPG veterans to boost North America growth
Ontex Group NV [EURONEXT: ONTEX], a leading international developer and producer of personal care solutions strengthens its North American leadership team with the addition of senior leaders Maria Eugenia Fumagalli, Roberto Tomei and Adam Farmer. These strategic hires play a key role in enabling Ontex's growth ambition in North America by driving the scale-up of operations and delivering competitive innovations that meet the evolving needs of customers and retail partners in our region. Maria Eugenia Fumagalli, Director of Product Development, North America joins Ontex after 17 years working in the CPG (consumer packaged goods) industry, with companies like The Clorox Company, SC Johnson and Unilever. Eugenia will lead product development initiatives, focusing on delivering innovative, consumer-centric solutions that align with the company's growth ambition for North America. Ontex Group has strengthened its North American leadership with the appointments of Maria Eugenia Fumagalli (product development), Roberto Tomei (finance), and Adam Farmer (supply chain). With over 40 years of CPG experience combined, they will support Ontex's growth plans by driving innovation, financial strategy, and operational efficiency in the region. Roberto Tomei, Vice President of Finance, North America brings over 20 years of experience in the consumer packaged goods industry – with companies like Edgewell Personal Care and Energizer Holding – to the private label market, bringing a fresh perspective to financial strategy processes. Adam Farmer, Head of Supply Chain, North America brings extensive supply chain expertise from the CPG sector, with a strong focus on scaling operations and driving efficiency. His leadership roles at Sam's Club and Anheuser-Busch further sharpened his ability to optimize complex supply chains—skills he now brings to support Ontex's growth in private label. Ontex North America President Paul Wood comments, 'We are thrilled to welcome Eugenia, Roberto and Adam, who collectively bring over four decades of CPG experience to Ontex. Their capabilities and experience will drive Ontex's business growth and operational efficiency, further strengthening our relationships with key stakeholders in the rapidly growing North American market, together with our full team.' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Yahoo
02-04-2025
- Business
- Yahoo
Ontex completes the divestment of its Brazilian business to Softys
Aalst, Belgium, April 1, 2025 – Ontex Group NV [EURONEXT: ONTEX], a leading international developer and producer of personal care products, announces that it has completed the divestment of its Brazilian business activities to Softys S.A., a personal hygiene company with operations across Latin America and a wholly-owned subsidiary of Empresas CMPC S.A., headquartered in Chile. The transaction includes Ontex's business in Brazil and its manufacturing facility in Senador Canedo in the State of Goiás. The business develops, manufactures, commercializes and distributes diapers and pants for the baby care market under the PomPom, Cremer, Sapeka and Turma da Mônica brands, as well as for the adult care market under the Bigfral brand. It employs approximately 1,400 employees. Gustavo Calvo Paz, CEO of Ontex, said: 'Reaching this milestone allows us to focus further on our retailer brands and healthcare in Europe and North America, where we have significant growth drivers for the future. Moreover, the proceeds from the sale will further reduce our indebtedness, putting us in an even stronger position to further execute our transformation. I am convinced that Softys is well placed to take the business forward, enabled by the talent and expertise of our teams.' Aggregate net cash proceeds received at closing, net of cash/debt disposed, are €81 million, after the impact of tax-related and transaction costs, hedging expenses, as well as provisional balance sheet adjustments. On top of this amount, €18 million* will be put in escrow at closing. The divestment proceeds will be used to reduce Ontex's outstanding gross financial debt further. [*] Amounts in € based on the current BRL/EUR exchange rate. Enquiries Investors Geoffroy Raskin +32 53 33 37 30 Media Catherine Weyne +32 53 33 36 22 About Ontex Ontex is a leading international developer and producer of baby care, feminine care and adult care products, both for retailers and healthcare. Ontex's innovative products are distributed in around 100 countries through retailers and healthcare providers. Employing some 7,000 people, Ontex has a presence in 14 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussel and is a constituent of the Bel Mid® index. To keep up with the latest news, visit or follow Ontex on LinkedIn. Attachment 2025_PR_Brazil closing_ENSign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
Ontex Group NV announces the results of its cash tender offer for its outstanding €580,000,000 3.500% senior notes due 2026
Not for release, publication or distribution in or into, or to any person located or resident in or at any address in, the United States of America or to any person located or resident in any other jurisdiction where it is unlawful to distribute this press release, the Results Announcement or the Tender Offer Memorandum (each as defined below) or to any persons to whom it is otherwise unlawful to send this press release, the Results Announcement or the Tender Offer Memorandum (See 'Offer and distribution restrictions' in the Tender Offer Memorandum). This press release relates to the disclosure of information that qualified or may have qualified as inside information within the meaning of article 7(1) of the Market Abuse Regulation (EU) 596/2014, as amended. Ontex Group NV announces the results of its cash tender offer for its outstanding €580,000,000 3.500% senior notes due 2026 Aalst, Belgium, April 1, 2025 – Ontex Group NV (the 'Issuer') announces the results of the previously announced invitation to holders of its outstanding 3.500% Senior Notes due 2026 (ISIN: BE6329443962/Common Code: 236126102) (the 'Notes'), to tender such Notes for purchase for cash (the 'Offer'). The Offer was made subject to satisfaction (or waiver) of the New Financing Condition and the General Conditions and other terms and conditions described in the Tender Offer Memorandum dated March 24, 2025 (the 'Tender Offer Memorandum') and was subject to the offer and distribution restrictions more fully described in the Tender Offer Memorandum. Capitalised terms used and not otherwise defined in this press release have the meanings given in the Tender Offer Memorandum. The Offer was launched by the Issuer on March 24, 2025 and expired at 17:00 CEST on March 31, 2025 (the 'Expiration Deadline'). At the Expiration Deadline, €283,095,000 aggregate principal amount of Notes had been validly tendered pursuant to the Offer. All Noteholders whose Notes have been validly tendered and accepted for purchase by the Issuer are eligible to receive the Purchase Price of 100.00% of the aggregate principal amount thereof (as set out in the Tender Offer Memorandum) and Accrued Interest Payment for the Notes. As a result of the above, the Final Acceptance Amount (as defined in the Tender Offer Memorandum) amounted to €283,095,000. Subject to the satisfaction or waiver of the New Financing Condition and/or the General Conditions, the Issuer expects to make payment for the Notes validly tendered and accepted for purchase on April 3, 2025 (the 'Settlement Date'). Such payment through the Clearing Systems will discharge the payment obligations of the Issuer in respect of payment of the Purchase Price and Accrued Interest. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Noteholders by any of the Clearing Systems. Following cancellation of the Notes validly tendered and accepted for purchase, the aggregate principal amount of the Notes remaining outstanding on the Settlement Date under the Indenture will amount to €296,905,000. Notes which have not been validly offered and accepted for purchase pursuant to the Offer will remain outstanding after the Settlement Date and are subsequently expected to be redeemed in full at par on or about July 15, 2025, in accordance with the terms of the Indenture and, if applicable, the relevant Noteholders will be notified of such redemption in accordance with the terms of the Indenture. While the Issuer expects to redeem any such Notes on or about July 15, 2025, no representation is given that it will redeem such Notes in whole or in part on such date. Any questions or requests for assistance in connection with (i) the Offer, may be directed to Goldman Sachs Bank Europe SE and (ii) the tender of the Notes may be directed to the Tender Agent, the contact details for each of which are provided on the back cover of this press release. This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes. The Offer was made only pursuant to the Tender Offer Memorandum and the Launch Announcement in relation to the Offer (the 'Launch Announcement'), and the information in this press release is qualified by reference to the Tender Offer Memorandum and the Launch Announcement. For more information on the results of the Offer, reference is made to the results announcement which is available through the following link (the ''). This press release must be read in conjunction with the Results Announcement and the Tender Offer Memorandum. No offer or invitation to acquire or sell any securities is being made pursuant to this press release. Neither the Dealer Manager nor the Tender Agent take any responsibility for the contents of this press release. The distribution of this press release, the Results Announcement, the Tender Offer Memorandum and/or any other materials relating to the Offer in certain jurisdictions may be restricted by law. Persons into whose possession this press release, the Results Announcement and/or the Tender Offer Memorandum come(s) into are required by each of the Issuer, the Dealer Manager and the Tender Agent to inform themselves about, and to observe, any such restrictions. This press release may include forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms as "believe", "expect", "anticipate", "may", "assume", "plan", "intend", "will", "should", "estimate", "risk" and or, in each case, their negatives, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include statements regarding the Issuer's or any of its affiliates' intentions, beliefs or current expectations concerning, among other things, the Issuer's or any of its affiliates' results of operations, financial condition, liquidity, prospects, growth, strategies and the industries in which they operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and that the Issuer's or any of its affiliates' actual results of operations, financial condition and liquidity, and the development of the industries in which they operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if the Issuer's or any of its affiliates' results of operations, financial condition and liquidity, and the development of the industries in which they operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. The forward-looking statements and information contained in this press release are made as of the date hereof and the Issuer undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The IssuerOntex Group NV Korte Keppestraat 219320 Erembodegem (Aalst)Belgium Dealer ManagerGoldman Sachs Bank Europe SEMarienturm, Taunusanlage 9-10D-60329 Frankfurt am Main,GermanyAttention: Liability Management GroupTelephone: +44 20 7774 4836Email: The Tender AgentKroll Issuer Services Limited The News Building3 London Bridge StreetLondon SE1 9SGUnited KingdomAttention: Owen MorrisTelephone: +44 20 7704 0880, Email: ontex@ Website: Investeerders Geoffroy Raskin +32 53 33 37 30 Media Catherine Weyne +32 53 33 36 22 Over Ontex Ontex is een toonaangevende internationale ontwikkelaar en producent van producten in babyverzorging, dameshygiëne en volwassenenzorg, zowel voor retailers als voor de gezondheidszorg. De innovatieve producten van Ontex worden in zo'n 100 landen verdeeld via retailers en zorgverleners. Ontex stelt wereldwijd zo'n 7.000 mensen tewerk en is aanwezig in 14 landen, met hoofdzetel in Aalst, België. Ontex staat genoteerd op Euronext Brussel en maakt deel uit van de Bel Mid® index. Om op de hoogte te blijven van het laatste nieuws, ga naar of volg Ontex op LinkedIn. Attachment 250401_TenderResults_ENSign in to access your portfolio
