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Ontex Expands AI Range



Published August 25, 2011
Related Searches: Western Europe Facilities / Capacity incontinence Market Data
European private label giant Ontex is set to acquire Lille Healthcare, a maker and marketer of adult incontinence products in Europe and Australia. The deal is subject to the satisfactory completion of consultation with the employee representatives of Lille Healthcare and the necessary regulatory approvals.

Lille Healthcare sells incontinence products to institutional healthcare customers under the Lille brand as well private label products to retailers. Sales last year were reported at €76.8 million.
“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,” says Ontex CEO Michael Teacher.
 
Based in Lille, France, Lille Healthcare employs 340 people and has subsidiaries in the UK, Spain, Germany, Belgium and Australia.