Hartmann Becomes Leading Supplier of Adult Inco Products in Spain, Portugal

Germany’s Hartmann group, an international supplier of medical and hygiene products, has become one of the leading suppliers of adult incontinence (inco) products on the Iberian Peninsula.

The company, based in Heidenheim, completed the takeover of Procter & Gamble’s (P&G) Lindor, one of the most well-known adult inco brands in Spain and Portugal, in July. "Hartmann now owns all P&G assets associated with the Lindor product portfolio (Lindor, Salvacamas, Lindor Care, Lindor Pants) including intellectual property, contracts with employees and a 

25,000-m² manufacturing facility in Montornés, Spain," the company said in a statement. The price tag of the deal was not disclosed.

Hartmann added that given rapid rates of demographic change and the rise of chronic conditions in the region, the move is the right step at the right time. According to the company, a recent study conducted by Spain’s National Statistics Office found that the percentage of the population aged 65 and over is currently at 18.7% and will reach 25.6% in 2031.

In its fiscal year 2015-2016, Lindor reportedly generated sales of more than Euro 75 million ($88.3 million), with the majority of that coming via the pharmacy channel, while a smaller amount could be attributed to institutions, such as hospitals and nursing homes.