Ansell to acquire Midas

Group will take control of Korean glove manuafacturer for approx $US41m.

Ansell (ANN) will acquire Korean glove manufacturer Midas, a long-time supplier of the Australian company, for approximately $US41.1 million.

In a statement to the Australian Securities Exchange, Ansell said the manufacturer and supplier of knitted, cut resistant industrial gloves currently has sales of approximately $US30 million per year.

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