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Sunday, 5 January 2014

Ansell completes BarrierSafe Solutions buy

15:42:00

PROTECTIVE clothing and condom maker Ansell has completed its $US615 million ($A692.29 million) purchase of US-based BarrierSafe Solutions International.
Ansell announced on November 25 it had agreed to buy the North American provider of single use gloves from Odyssey Investment Partners and others.
Founded in 1987, BarrierSafe has sales of approximately $US290 million per annum, Ansell said.
The purchase expands Ansell's position in the hand protection market in North America.
Ansell shares dropped 23 cents, or 1.1 per cent, to $20.60.

news.com

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