Ansell launches “transformation” plan following business divestment

Sydney, Australia – Ansell Ltd is implementing a four-point transformation programme following the agreed divestment of its Sexual Health business in May.

The company said on 20 July that it will be making a cash investment of $70-100 million (€60-85 million) over the next three years, mainly on “business transformation”, with an additional $20-30 million in non-cash asset write-downs.

The Australian company said it’s objective was to increase growth through focus on core businesses selling to industrial and healthcare end markets, streamlined operations, and accelerated investment in…

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