April 11, 2024- Ansell announced it has entered into a binding agreement to acquire 100% of the assets that constitute Kimberly-Clark’s Personal Protective Equipment business (KCPPE) for US $640 million. The Acquisition is expected to complete by September 2024.
With this Acquisition the company is enhancing sales of specialist products designed for clean room applications and recorded under the Life Sciences SBU, while also widening the portfolio of products sold into Scientific verticals which include manufacturing of pharmaceuticals, medical devices and semi-conductors, and laboratories for academic and industrial research.
The KimtechTM and KleenGuardTM brands we are acquiring and the experienced KCPPE business team behind them have strong reputations for quality and innovation built over many years of industry leadership. These are similar qualities to Ansell, however KCPPE has particular areas of strength across product portfolio, geographic position and sustainability differentiation that the company hopes will enhance Ansell’s overall position in the marketplace and customer differentiation.