MELBOURNE, Australia, Sept. 28, 2012 /CNW/ - 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
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
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.
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 Solutions, Industrial Solutions, Specialty Markets,
and Sexual Wellness. Information on Ansell and its products can be
found at http://www.ansell.com.
SOURCE: Ansell Healthcare
For further information:
Media: Frank Mantero, Ansell, Tel. +732-345-2128, firstname.lastname@example.org; Joe Carmody, Edelman , Tel: +353-1-678-93, email@example.com; Donnchadh O'Leary, Edelman, Tel: +353-1-678-9333, firstname.lastname@example.org; Investors & Analysts: Australia: David Graham, I.R., Tel: +1(613)9270-7215 / email@example.com, +(61)4011-40749; US : Rustom Jilla, CFO, Tel: +(1732)345-5359, firstname.lastname@example.org