Austria's Semperit sells its medical business to Harps Global
16/12/2022 14:11
Dec 16 (Reuters) - Semperit SMPV.VI has sold its
medical business Sempermed to Singapore-based disposable gloves
manufacturer Harps Global, the Austrian polymer and plastics
maker announced on Friday.
The unit was sold for 115 million euros ($122 million), the
firm added, and is expected to be effective in the second
quarter of 2023.
"The production of surgical gloves in Wimpassing, Austria,
and their packaging in Sopron, Hungary, will be excluded from
the transaction and will continue as contract manufacturing for
the buyer for several years," Semperit said.
($1 = 0.9407 euros)
(Reporting by Tristan Chabba in Gdansk; editing by Matthias
Williams)
((Tristan.Chabba@thomsonreuters.com;))