TPG and Goldman Sachs acquire Ontex for €1.2bn

The deal originally stumbled when Goldman Sachs' initial partner withdrew from the sale. TPG's involvement allowed the completion of the largest Belgian buyout recorded in over a decade.

Ontex was bought by Candover in 2003 for €1bn. The firm produces nappies, wet wipes and other disposable sanitary products for a wide of retailer across Europe, including Tesco.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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• Topics
• France
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• UK / Ireland
• DACH
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• Secondary buyout
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