Top Glove Corporation has created the World’s largest surgical glove manufacturer by completing the acquisition of Aspion for RM1.37 billion. The total production capacity of Top Glove has been increased to 57.24 billion pieces a year post acquisition. Top Glove has over 2,000 customers worldwide and exports to more than 195 countries. The group now operates 37 factories with 618 production lines.
“The combined entity will be better positioned to serve its global customer base more effectively, with a wider range of high quality and cost-effective gloves which include medical gloves, examination gloves and specialised surgical gloves. We look forward to working closely with our new colleagues to realise the immense strategic and financial benefits we are confident this exercise will give rise to,” said Tan Sri Lim Wee Chai, Executive Chairman, Top Glove.
The acquisition of Aspion has added three manufacturing facilities with 75 lines and a capacity of 4.77 billion pieces of gloves per year.