Zele, Belgium ‐ Ontex, Europe’s leading manufacturer of private‐label Hygienic Disposable Products, is pleased to announce that it has offered to acquire (through its group company, Hygiène Médica SA) Lille Healthcare subject to the satisfactory completion of consultation with the employee representatives of Lille Healthcare and the necessary competition approvals.
Lille Healthcare operates across Europe and Australia selling incontinence products to institutional healthcare customers under the Lille brand and private label products to retailers. Turnover in the year to 31st December 2010 amounted to EUR 76,800,000.
Commenting, Ontex CEO Michael Teacher states: “We have been an admirer of Lille Healthcare for some time and believe that its addition to the Ontex Group will make our offer more attractive in the growing incontinence market across all the geographies in which Lille Healthcare operates.”
