KMB - Belgian Diaper Manufacturer Ontex Looks Cheap Compared To Peers: Acquisition Rumours Emerge
Introduction
Let's start off this article with a warning: at this point in time, there are only unverified rumours about a potential takeover. The management of Ontex (ONXYY) has formally denied being approached by a third-party with an offer.
So, please be careful. That being said, I think Ontex is a compelling buy.
Ontex is a Belgian manufacturer of personal hygiene products such as diapers, incontinence products, and other disposable hygiene products. Some of its peers include P&G (PG), Kimberly-Clark (KMB) and Essity (ESSYY) (ETTYF).
Ontex is probably a company most of you haven't heard