MELBOURNE, Australia,
September 28, 2012 /PRNewswire/
--
Ansell Limited (ASX:ANN), a global leader in protective
solutions, has today announced that it has successfully concluded
its acquisition of Comasec SAS, having received regulatory approval
for the transaction. The deal is valued at EUR101.5m.
Ansell will now begin the process of integrating both
businesses, giving customers of Ansell and Comasec access to a more
diverse product portfolio and increased choice of products and
solutions. Through the integration programme Ansell will actively
focus on bringing together the best of both organisations for the
benefit of the combined customer base.
Magnus Nicolin, CEO, Ansell said;
"The overall integration process will be a gradual one as we take
time to get to know the Comasec business. We will however give
immediate priority to the development of innovative new products
and solutions that combine the expertise of both companies, and
deliver better solutions to our customers. Further announcements
will be made over time, until then, both companies will conduct
business as usual."
Ansell announced its intention to acquire Comasec on
August 7th 2012. Comasec
is a significant participant in the European Personal Protective
Equipment (PPE) Glove Market, has a presence in North America and specialises in gloves for
chemical protection, food handling, cut protection, mechanical
protection, dry box and thermal protection. Its major brands are
Comasec, Marigold, and Marigold Industrial.
The acquisition will help strengthen Ansell's position in the
rapidly growing but fragmented industrial hand protection market.
It will also significantly enhance Ansell's presence in a number of
important verticals including mechanical, chemical, food and
utilities.
For more information, please contact :
About Ansell
Ansell is a world leader in providing superior health and safety
protection solutions that enhance human well being. With operations
in North America, Latin America/Caribbean , EMEA and Asia, Ansell employs more than 10,000 people
worldwide and holds leading positions in the industrial and medical
gloves markets, as well as in the sexual wellness category
worldwide. Ansell operates in four main business segments: Medical
S olutions, Industrial Solutions, Specialty Markets, and Sexual
Wellness. Information on Ansell and its products can be found at
http://www.ansell.com.