Kimberly-Clark is to sell its Personal Protective Equipment (KCPPE) business to Ansell for $640 million.

Headquartered in Melbourne, Australia, Ansell is an established leader in safety solutions and an integrated manufacturer of PPE with brands including AlphaTec, Gammex, HyFlex, Microflex, Ringers and TouchNTuff.

“For many years we have assessed a combination with KCPPE as one of our most attractive acquisition opportunities and I’m delighted that we have now reached agreement with Kimberly-Clark that the optimal path forward for this business is under Ansell ownership,” said managing director and CEO Neil Salmon “With this acquisition we are enhancing our sales of specialist products designed for clean room applications, while also widening our portfolio of products sold to manufacturers of pharmaceuticals, medical devices and semi-conductors, and laboratories for academic and industrial research.

“The Kimtech and KleenGuard brands and the experienced KCPPE business team behind them have strong reputations for quality and innovation built over many years of industry leadership. KCPPE has particular areas of strength across its product portfolio, geographic position and sustainability differentiation that will meaningfully enhance our overall position in the marketplace.”

The acquisition is expected to complete by September 2024, subject to satisfaction of antitrust approval and other customary closing conditions.

www.ansell.com