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Home Industry News Ansell to sell Marigold brand

Ansell to sell Marigold brand

30th December 2013

Ansell is to sell its Marigold household gloves business to Freudenberg Home and Cleaning Solutions (FHCS), the Freudenberg Group specialist for household cleaning products.

The deal will see the global trademark rights for the brand, in addition to the existing consumer household gloves business in the UK, Ireland, Italy, Netherland, Hong Kong and Japan, change ownership. It is dependent upon agreement by the relevant antitrust regulators, but is expected to be finalised next month.

Klaus-Peter Meier, chief executive officer at FHCS, said: "The acquisition of the Marigold brand complements perfectly our already successful household gloves business. Marigold is a market leader in the UK and Ireland, countries in which we are not yet represented in this category."

He added that Marigold will help the company strengthen its presence in the Japanese consumer market for the first time.

Currently, the Marigold brand has sales of around 17 million euros (14.2 million pounds). ADNFCR-8000103-ID-801676957-ADNFCR

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