Profile

Ontex is a leading producer of personal hygiene products for baby, adult and feminine care. The company’s products are distributed across Europe and North America as private label brands. The main sales channels are retail, medical institutions and pharmacies.

1%
Portfolio value 09/30/2024
Investment case

The industry benefits from supportive trends: 

  • Resilience throughout the economic cycle, due to the essential nature of these products (hygiene basics), further reinforced in times of recession (e.g., private label products)
  • Developed markets: ageing population, benefitting the Adult Incontinence segment

Ontex stands to benefit from these trends thanks to a further repositioning of its business:

  • Increasing further the company’s exposure to faster-growing products and categories (e.g., adult incontinence and baby pants)
  • Boosting market share of private label brands
  • Accelerating competitive innovation
  • Focusing on structural cost competitiveness and cost-efficient operations with a view to increasing margins
  • Increasing its market share in North America, enabled by local manufacturing capabilities
  • Board of Directors 2/9*
  • Audit and Risk Committee 1/5*
  • Remuneration and Nomination Committee 1/5*
* Number of GBL's representatives in statutory bodies in relation to the total number of members. Governance information is dated 06/30/2024, except where superseded by more recent public disclosures.
Data center
Transparency declaration
Transparency declaration - in French
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