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Kimberly-Clark Divests PPE Division

Kimberly-Clark Corp., parent company of Kimberly-Clark Professional, has sold its personal protective equipment (PPE) division, KCPPE, to Ansell for US$650 million.

According to a press release, the transaction includes Kimberly-Clark’s Kimtech™ and KleenGuard™ brands. The deal is subject to satisfaction of antitrust approval and other customary closing conditions and is expected to be finalized by September.

“For many years, we have assessed a combination with KCPPE as one of our most attractive acquisition opportunities, and I’m delighted that we have now reached agreement,” said Neil Salmon, Ansell managing director.

About Kimberly-Clark Professional
Kimberly-Clark Professional offers an array of hand hygiene and contamination-control products. Located in Roswell, Georgia, Kimberly-Clark Professional is one of Kimberly-Clark Corp.’s four business sectors. For more information, visit kcprofessional.com.