FIDEA acted as an financial advisor to the leading shareholder of EcoWipes Group on the sale of the Group to financial investors, Cornerstone Investment Management and Kartesia. 13 July 2023
The EcoWipes Group is a leading player in the market of hygiene and cosmetic products such as tissues, cotton pads, cotton balls and cleaning products. It sells its products both under its own brands, such as Tami, Rapid Clean, and as a private labelfor the largest retail chains, such as Lidl, Biedronka and Auchan, thanks to which the company’s products are available not only in Poland but also in many European stores.
Ecowipes’ differentiating qualities are its innovative and environment-friendly technologies such as its broad portfolio of biodegradable solutions. To reduce its carbon footprint, the company relies on low-processed raw materials and local suppliers. Additionally, the company works with materials from renewable sources, and increases the use of recyclate. Ecowipes also places a strong emphasis on educating consumers and inspiring them to change their daily habits.
The company was founded in 2011. It is a very dynamic and modern manufacturer, created by a team of experts with more than 30 years of experience in innovative business solutions, who are constantly working on the development of environmentally friendly products.
Ecowipes has two modern factories – main one located in Nowy Dwór Mazowiecki, Poland and a second one with a technologically advanced machinery park near Miluza, France under the Hydra Beauty & Clean brand. The third factory is being built in Pomiechówek, Poland.