BRAZIL > Ontex to acquire Hypermarcas’s personal hygiene business for $312.74Mn

ontex Belgium based Ontex Group to acquire Hypermarcas’s personal hygiene business for R$1bn ($312.74Mn). The deal is expected to complete in first quarter of 2017 after completion of customary conditions and governmental approvals. After the deal Ontex CEO Charles Bouaziz said, “Following the successful integration of Grupo Mabe in Mexico, adding this business to our Americas Retail Division will give us More …