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GC represented Ontex Group

Gonzalez Calvillo, May 9th, 2023 – Our M&A experts represented Ontex Group (Euronext: Ontex), a leading international supplier of personal care products headquartered in Brussels, Belgium, in their divestment of certain of its Mexican business activities (Grupo PI Mabe), for a total net amount of €265 million, to Softys, a personal hygiene company with operations across Latin America and part of Empresas CMPC, headquartered in Chile. Additionaly, our Antitrust team advised Ontex in the merger control procedure before Cofece, in connection with the sale of its Mexican business of infant diapers, feminine hygiene products and adult incontinence products to Softys.

The transaction includes Ontex’s manufacturing facility in Puebla, Mexico, its branded business in Mexico as well as related exports to certain regional markets. The business purpose of the transaction employs around 1,000 blue-collar employees and 350 white-collar employees.  

Ontex’s manufacturing facility in Tijuana, Baja California, Mexico, will remain with Ontex and will form an integral part of Ontex’s North American operations. 

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José Víctor Torres

Partner

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Cristina Massa

Partner

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Bernardo Reyes Retana K

Partner

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Patricio Martínez Osorio

Counsel

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Alberto Bustamante

Counsel

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Jerónimo Ramos

Associate

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Fernanda Koloffon

Associate

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Diego Hernández

Associate

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Daniel González

Associate

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Priscila Barba

Associate

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Valeria Camacho

Law clerk

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ABOUT GONZALEZ CALVILLO

For over 35 years, Gonzalez Calvillo has been at the forefront of the legal market in Mexico as a full-service leading law firm due to its transactional core and expertise in a wide range of practice areas. The firm is recognized for its ability to build cross-disciplinary teams for the most complex legal challenges and long track record of successfully providing groundbreaking business and regulatory advice to high profile domestic and international companies. Often described as a pioneer of the Mexican legal services industry, the firm is known for its commitment to doing things differently, bespoke solutions, and creating transformational legal changes that enable clients achieving their objectives. For more information, please visit www.gcsc.com.mx.

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