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Ansell Limited Expands Korean Presence - Ansell Limited (ANN.AX) announced it has entered into a multi-year agreement with Koreca Industries. Koreca Industries is based in Daegu and is a leading hand protection specialist in Korea - Ansell.eu
Ansell Limited Expands Korean Presence

 

PRZOOM - /newswire/ - Brussels, Belgium, 2012/01/23 - Ansell Limited (ANN.AX) announced it has entered into a multi-year agreement with Koreca Industries. Koreca Industries is based in Daegu and is a leading hand protection specialist in Korea - Ansell.eu.

   
 
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Ansell Limited, a global leader in protection solutions, today announced it has entered into a multi-year agreement with Koreca Industries. Koreca Industries is based in Daegu and is a leading hand protection specialist in Korea.

As a part of this agreement, Ansell has appointed Koreca Industries its exclusive distributor of Industrial and New Verticals personal protective equipment (PPE) products in the Republic of Korea. Furthermore, Ansell has an option to make equity investments in Koreca Industries in stages over several years.

Magnus Nicolin, CEO of Ansell Limited commented "By partnering with Koreca Industries, Ansell will significantly strengthen its presence in Korea in the PPE market. This move is well aligned with our previously communicated ambition to expand globally in fast-growing markets".
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Ansell Limited Expands Korean Presence

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Ansell Limited |
Contact: Wouter Piepers - Ansell.eu 
+32 2 528 74 00 info[.]ansell.eu
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ansell Healthcare securities in any jurisdiction including any other companies listed or named in this release.

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