Kimberly-Clark: divests personal protection subsidiay

(CercleFinance.com) - Australia's Ansell announced on Monday that it had signed a binding agreement to acquire 100% of Kimberly-Clark's personal protective equipment subsidiary for $640m.


The transaction's scope includes the KleenGuard (safety clothing, gloves and goggles) and Kimtech (gloves, gowns and protective clothing) brands, the group says.

Meanwhile, Neil Salmon, Ansell's CEO, explains that his company had identified Kimberly-Clark's personal protection activities as one of the most promising avenues for a potential takeover for several years.


Copyright (c) 2024 CercleFinance.com. All rights reserved.