# ASAIA Holding to acquire Ontex's Pakistan operations

Ontex Group NV agreed to sell its Pakistan operations, including a factory and business, to ASAIA Holding FZ. The transaction is part of Ontex's strategy to divest emerging market businesses.

- Type: Acquisition
- Announced: 2024-05-10
- Where: Pakistan
- Status: announced
- Products: hygiene products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ontex Group](https://endata.com/companies/6568.md) (partner)
- [ASAIA Holding](https://endata.com/companies/77353.md) (acquirer)

## Sources

- [industrysourcing.cn](https://www.industrysourcing.cn/article/459238), 2024-05-10: "Ontex Group NV agreed to sell its Pakistan operations to ASAIA Holding FZ."

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