Grupo Multi sold its pet hygiene mats business unit to Bun Participações.

Grupo Multi S.A. is one of Brazil's most diversified consumer goods companies, developing, manufacturing, distributing, selling and servicing products across 19 business units, with broad nationwide distribution capacity.

Bun Participações is a conglomerate formed by three companies in Brazil (Bentonit, Buntech and Kelco Pet Care), with additional operations in Argentina and Colombia.

The group was born from the discovery and exploration of bentonite in Paraíba and expanded from heavy industry (foundry and construction) to high value-added segments (hygiene and cleaning, cosmetics and PVC additives) and the pet market.

The sale represents a strategic portfolio optimization move by Grupo Multi, aligned with its focus on capital allocation and the redirection of investments to its other business units.