ANSELL CREATES FOUR GLOBAL BUSINESS UNITS

By Neville D'Cruz

MELBOURNE, July 9 (Bernama) -- Healthcare and industrial products maker
Ansell, which has a factory in the Malaysian state of Melaka, has created four
global business units as part of its company-wide review.

While saying that it was on a hunt for takeover opportunities, Ansell said
an updated and more assertive growth strategy had been developed that called for
faster and more focused execution of organic growth plans with an increased
emphasis on acquisitions.

"To support this strategy, four global business units are being
established," Ansell Chief Executive Magnus Nicolin said in a statement.

The four global business units are medical, industrial, new verticals and
advanced concepts and sexual health and well being.

Each global business unit will be responsible for business strategy,
innovation, product development, marketing and brand development.

Meanwhile, the four regions of North America; Latin America and the
Caribbean; Europe, the Middle East and Africa, and the Asia Pacific, would
continue to be accountable for sales, trade marketing, customer service and
local warehousing.

"This new global business unit/region matrix will minimise the duplication
of products in different regions thus improving speed to market while reducing
complexity in manufacturing and lowering cost," Nicolin said.

Ansell said with acquisitions expected to assume a key role in the
company's growth strategy, "faster execution" would be achieved by integrating
the business development/mergers and acquisitions team with the finance team.
-- BERNAMA


Attachments:
untitled-[2] 4.3 k [ text/html ] Download | View