Ontex's Turkish operations to be acquired by Dilek Grup in 2025

Ontex’s Turkish subsidiary develops, manufactures, commercializes and distributes predominantly branded personal hygiene products with leading positions in Türkiye and the surrounding regions. Ontex’s Turkish subsidiary generated about €90 million (~$93.60 million) sales in 2024 and is part of Ontex’s Emerging Markets division, which has been classified as discontinued operations.

Dilek Grup is an established distributor of fast-moving consumer goods across Türkiye and neighboring countries, and it is diversifying into production of, among others, personal care products.

Laurent Nielly, President Europe, comments: “Ontex is very proud of its business in Türkiye and grateful for the team’s resilience and excellence in execution over the past years, thereby building on, and strengthening, a legacy of strong positions and brands. We believe that Dilek Grup is well placed to further invest in and develop the business and the organization towards the next successful chapter in their journey.”

With this agreement, Ontex is approaching the conclusion of its strategic refocus on retail and healthcare brands in Europe and North America. Ontex aims to complete the transaction in the course of the third quarter of 2025, subject to approval by the Turkish competition authority.

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Fibre2Fashion News Desk (RM)