MELBOURNE, Australia, Jan. 23, 2012 /CNW/ - Ansell Limited (ANN.AX), a
global leader in protection solutions, today announced it has entered
into a multi-year agreement with Koreca Industries. Koreca Industries
is based in Daegu and is a leading hand protection specialist in Korea.
As a part of this agreement, Ansell has appointed Koreca Industries its
exclusive distributor of Industrial and New Verticals personal
protective equipment (PPE) products in the Republic of Korea.
Furthermore, Ansell has an option to make equity investments in Koreca
Industries in stages over several years.
Magnus Nicolin, CEO of Ansell Limited commented "By partnering with Koreca Industries, Ansell will significantly
strengthen its presence in Korea in the PPE market. This move is well aligned with our previously
communicated ambition to expand globally in fast-growing markets".
Ansell is a world leader in providing superior health and safety
protection solutions that enhance human well being. With operations in
the North America, Latin America, EMEA and Asia, Ansell employs more
than 10,000 people worldwide and holds leading positions in the
industrial and medical gloves market, as well as in the sexual health
and well being category worldwide. Ansell operates in four main
business segments: Medical Solutions, Industrial Solutions, New
Verticals, and Sexual Wellness. Information on Ansell and its products
can be found at http://www.ansell.com.
SOURCE Ansell Healthcare
For further information:
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