Hawkeye bought by Australia’s Ansell
02/07/2008
Melbourne-based latex glove manufacturer Ansell has reported that it has bought US leather glove maker Hawkeye Glove Manufacturing. Media in Australia said the deal was for an initial US$10.8 million, a little more than half of Hawkeye’s annual turnover.
Hawkeye has manufacturing facilities at its corporate headquarters in Iowa and at sites in Arkansas and Illinois. It has around a 10% market share of the US military’s glove purchases, making gloves and mittens from cowhide, pigskin, deerskin, elkskin, sheepskin, and goatskin, with most of the leather coming from North America.
Ansell chief executive, Doug Tough, said on announcing the deal: “Hawkeye brings to Ansell knowledge, expertise and technology in a channel which will be broadly incremental to our current business.”
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