# Softys to acquire Ontex's Mexico business for €285M

Softys, a Chilean hygiene products company, agreed to acquire Ontex Group's Mexico business, including a plant in Puebla, for approximately €285 million ($290 million). The deal excludes Ontex's Tijuana facilities.

- Type: Acquisition
- Announced: 2022-07-29
- Where: Puebla, Mexico
- Value: $290.0M (285.0M EUR)
- Status: announced
- Products: baby diapers, adult diapers, feminine hygiene products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [CMPC](https://endata.com/companies/3334.md) (partner)
- [Ontex Group](https://endata.com/companies/6568.md) (target)
- [Softys](https://endata.com/companies/64441.md) (acquirer)

## Sources

- [axisnegocios.com](https://www.axisnegocios.com/articulo.phtml?id=110519), 2022-07-29: "Estoy convencida de que Softys, con sus 40 años de experiencia en el mercado de la higiene personal en América Latina, está bien situada para sacar adelante el negocio"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.