Brazil: Hypermarcas sells nappy business to Ontex Group
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its disposable hygiene products business that includes nappies for babies and sanitary products for adults. Ontex Group, an international manufacturer of personal hygiene products, has acquired the business for R$1 billion ($312 million), according to a report in Supermercado Moderno. The divested business includes […]
Brazil: Hypermarcas sells contraceptive brands to Reckitt Benckiser
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its condoms division to the British household and personal care group Reckitt Benckiser for R$675 million ($173 million), according to a Reuters report. Hypermarcas’ condoms division is comprised by the brands Jontex, Olla and Lovetex which together in 2014 represented 2% of the company’s […]