Saturday, July 10, 2010

Ansell completes restructure, eyes takeovers

Ansell completes restructure, eyes takeovers

The new chief executive of Ansell Ltd, Magnus Nicolin, has moved quickly to put his stamp on the gloves and condoms supplier, announcing a group restructure and a search for takeover opportunities.
Mr Nicolin took over as chief executive officer of Ansell in March from Doug Tough.
Ansell said an updated and more assertive growth strategy had been developed "that calls for faster and more focused execution of organic growth plans with an increased emphasis on acquisitions".

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