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Ansell Limited (ASX:ANN) has inked a $113 million deal to buy a UK-based protective clothing manufacturer called Microgard.The gloves and condoms maker believes the acquisition is another critical step in building the company's body protection operations as part of its Industrial Global Business unit.CEO and Managing Director Magnus Nicolin says, together with Ansell’s chemical protective glove range, the company now has a world-class portfolio of chemical protection solutions.Subject to conditions being met the deal is expected to be tied up in the second quarter of this year and become earnings per share accretive in the 2016 financial year.Ansell reported a net profit of $108 million in the first half of the 2015 financial year.
News: Ansell buys protective clothing manufacturer
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