• Albaad is one of the largest manufacturers of wet wipes and feminine hygiene products in the world
• Highlights Mesirow’s sector expertise in the nonwovens and converting sectors, and its growing cross-border capabilities

CHICAGO, October 3, 2022 – Mesirow, an independent, employee-owned financial services firm, announces it acted as the exclusive financial adviser to Israel based Albaad Massuot Yitzhad Ltd. (“Albaad” or the “Company”) on the sale of its US Wipes Operations to Guy & O’Neill, a portfolio company of Centre Partners Management LLC.

Albaad is listed on the Tel Aviv stock exchange and is one of the three largest wet wipes manufacturers in the world with leading production facilities across the globe. The Company has contract, private label and institutional manufacturing capabilities that serve an international client base.

“This transaction is a perfect example of Mesirow’s growing cross-border focus, combined with strong sector knowledge, that allows us to provide highly tailored advice to our clients”, said David DiMatteo, London based Managing Director of Mesirow Investment Banking.

John Chrysikopoulos, New York based Managing Director of Mesirow Investment Banking said, “The nonwovens and converting sectors are key focus areas for Mesirow where our clients benefit from our global coverage and relationships”.

The transaction represents another successful assignment completed by Mesirow Investment Banking. Mesirow is one of the most active advisors in the paper, plastics and packaging sectors, having completed more than 150 transactions over the past 20 years, including a growing focus on the nonwovens and converting sectors. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of its clients.