Melbourne (AU)/ Brussels (BE)/ Red Bank (NJ, US) - Ansell Limited (ASX:ANN), a global leader in protective solutions, today announced it has concluded the acquisition of the Trelleborg Protective Products (TPP) business. Ansell will operate the former Trelleborg business under the name Ansell Protective Solutions (APS), and as part of its Specialty Markets Global Business Unit.
Ansell Protective Solutions (formerly known as Trelleborg Protective Products) provides high end chemical protective suits, professional dry diving suits, escape hoods, medical patient care and tents/shelters to First Responders, Military, Aerospace and Industrial customers. Ansell will continue to use the strong and reputed brands Trellchem®, Viking®, and TrelltentTM.
"We are very excited about joining the Ansell family", says Magnus Andersson, Managing Director of Ansell Protective Solutions (APS). "Becoming of part of a global leader in the Personal Protective Equipment business, will bring substantial opportunities and benefits to our customers and business partners", he continues. "It will also allow us to continue to strengthen the position of our market leading brands such as Trellchem, Trelltent and Viking", he concludes.
Thomas Draskovics, President & General Manager, Ansell Specialty Markets GBU commented: "We are very pleased to welcome this portfolio of leading brands as part of our Specialty Markets Global Business Unit. The international sales teams, established distribution channels and complementary technologies will boost Ansell's overall capability to break new ground and create diversified growth platforms in the targeted market segments".
This acquisition, for EUR 23.7 million, was previously announced on April 11, 2012.