Ansell announces Sandel Medical Industries takeover

Ansell has announced the acquisition of Sandel Medical Industries as it seeks to expand its offering of products and services for hospitals.

The company has purchased Sandel – a developer of staff and patient safety disposable products – for $13.5 million (8.4 million pounds) and will be operating the business under the new name Ansell Sandel Medical Solutions.

Sandel's range includes offerings in the sharps safety, ergonomic safety, medication handling and specimen handling, safety kits and safety products markets and is focused on providing cost-effective solutions for healthcare organisations.

Magnus Nicolin, chief executive officer of Ansell, stated that the acquisition falls in line with the firm's overall growth strategy.

"We are very excited about the Sandel opportunity and look forward to working with their experienced management team, staff and valued customers," he said.

According to the firm's most recent financial report, Ansell saw a nine percent year-on-year rise in sales during the six months ending on December 31st 2011.