Albaad Group to acquire Optimal Care.

Albaad Group, a manufacturer of hygiene products, agreed to acquire Optimal Care, a manufacturer and supplier of wet wipes products in Spain, Portugal and Southern French markets. Financial terms were not disclosed. “We at Albaad understand and embrace the importance of innovation as an engine that drives growth and are committed to deliver environmentally friendly products. This step puts us in a position to reduce the environmental impact of, for example, logistical challenges such as carbon dioxide emissions caused by long transport routes. After all, sustainability is our top priority," Dan Mesika, Albaad CEO and President.