Ontex to acquire US feminine hygiene assets of Albaad Massuot Yitzhak.

Ontex, an international provider of personal hygiene solutions, agreed to acquire US feminine hygiene assets of Albaad Massuot Yitzhak, a manufacturer of wet wipes, personal care, feminine hygiene and sanitary products. Financial terms were not disclosed. "Following the previously-announced decision to invest in manufacturing in the eastern part of the country to complement shipments from abroad, we are proud to announce the forthcoming opening of Ontex’ first US production site as well as the acquisition of feminine hygiene production assets. With these meaningful steps we accelerate the execution of our strategic priority to increase our US presence," Charles Bouaziz, Ontex CEO.