October 4, 2022 (press release) –
Guy & O’Neill, Inc. (“Guy & O’Neill”), a leading private label and contract manufacturer of wet wipes and liquid-fill products, has acquired the U.S. wipes operations of Albaad, USA, Inc. (“Albaad”). The combination of these premier companies will provide enhanced innovation, production capabilities, quality, customer service and efficiencies to current and new customers.
This acquisition further expands Guy & O’Neill’s continual commitment to providing a broad range of products, product forms, categories and consumer solutions. The combination of Albaad’s wet wipe flat pack capabilities to manufacture baby wipes, flushable wipes, adult and feminine wipes complements Guy & O’Neill’s capabilities to manufacture core cleaning wipes and liquids, hand and body wipes, healthcare wipes, specialty surface wipes and liquids, industrial and institutional cleaning wipes and liquids, and household cleaning wipes and liquids to include household cleaners, dish soap, hand soap, shampoos, conditioners, shower gels, creams and lotions. This enhanced portfolio will offer one the most comprehensive offerings in the industry.
Commenting on the transaction, Albaad CEO Dan Mesika said “We are pleased to have reached an agreement with Guy & O’Neill regarding the future of our U.S. Wipes Operations. The Company is confident the customers and employees of the business will benefit from Guy & O’Neill’s strong presence in the U.S. in this sector, as well as its long-term commitment to the market”. Jeff Brooks, Guy & O’Neill’s Chief Executive Officer, added “This transaction will significantly expand Guy & O’Neill’s presence in flatpacks and crossfold wipes, and will further strengthen our ability to provide world class innovation, expansive product solutions and outstanding customer service to even more brands and retailers.”
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistribute or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.