Freudenberg acquires Marigold gloves business

This agreement acquires the global trademark rights for the Marigold brand, as well as the consumer household gloves business in the UK, Ireland, Italy, Netherland, Hong Kong and Japan. The business has annual sales of around 17 million Euros. The acquisition is dependent upon agreement by the relevant anti-trust authorities, expected in January 2014.

“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. The brand also has a strong market presence in Hong Kong, Italy and Netherland,” says Klaus-Peter Meier, CEO FHCS. Meier continues, “In addition we will be able to extend our global presence by entering the Japanese Consumer market for the first time.”

FHCS and Ansell have a strong partnership in household gloves which has been in place for more than twenty years. The partnership on these products includes leveraging Ansell’s global expertise in research and development and manufacturing while maximizing FHCS’s strengths in consumer research, marketing and sales.

About the Freudenberg Group

The Freudenberg Group is a family company offering its customers technically challenging product solutions and services. The Group develops and manufactures seals, vibration control components, filters, nonwovens, products for surface treatment, release agents and specialty lubricants, medical and mechatronic products.

And especially for mid-size companies Freudenberg develops software solutions and IT services. The end-user can find modern Freudenberg household products in the shops under the brand names of vileda, O-Cedar, Wettex, Gala and SWASH. The Freudenberg Group employed 37,500 associates in almost 60 countries and generated sales of more than €6.3 billion in 2012.

Freudenberg