News: Ansell acquires Sweden's TPP

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    Ansell Limited (ASX:ANN) has agreed to purchase a Swedish protective product business for about $30 million and expects to finalise the transaction in the current quarter.



    The Swedish company Trelleborg Protective Products has annual sales of around $24 million.



    The acquisition is expected to be earnings accretive from the next financial year.



    In the first half of the 2012 financial year, Ansell reported a net profit of $66.6 million
 
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