Following a review of the company’s operations, rubber gloves maker Ansell Ltd
(ASX:ANN) has reorganised its business to accelerate growth.
As part of this reorganisation, the company has established four Global Business Units that will be responsible for business strategy, innovation and product development.
Four executives have been appointed to head the new divisions that will have global responsibility for Ansell’s business strategy.
The company says it has plans for an increased emphasis on acquisitions and the Global Business Units will play a key role.
Ansell will also combine quality assurance and distribution functions into an integrated operations group.
CEO Magnus Nicolin says the focus for Ansell is on selective acquisitions, simplified operations and growth.
Ansell reported a net profit of $121.4 million for the year ending 30 June, 2009.
