IFLR1000

Ontex €400 million acquisition of Grupo Mabe

1/3/2016
Public acquisition
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€ 400 million

$ 427.552 million

Announced

1/3/2016

Overview:

  • Belgian hygiene solutions company Ontex has acquired Mexican cosmetic products manufacturer Grupo Mabe.
  • The price tag includes Grupo Mabe's debt.
  • Ontex is financing the deal with a combination of cash and equity.
  • Ontex had previously attempted to acquire Grupo Mabe in 2010.

Kurt Stumpo - Journalist

Jurisdictions:

Mexico
Belgium

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Consumer goods and services

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