Ansell Limited (ASX:ANN) has finally gotten its hands on North American glove maker BarrierSafe Solutions after announcing the acquisition at the end of November 2013.
The Australian based gloves and condom maker paid $US615 million for the company and says settlement of the purchase has now been completed.
At the time of the buy Ansell CEO Magnus Nicolin said the acquisition is a rare opportunity to strengthen the group's position in the North American single-use glove market.
Now the deal is done BarrierSafe CEO Michael Mattos and CFO Joseph Kubicek will join Ansell’s leadership team.
Ansell reported a net profit of $140.8 million in the 2013 financial year.
