Semperit Holding says the offer period for all outstanding shares and warrants of Malaysian firm Latexx Partners closed in November. The offer was made via Semperit Investments Asia, a wholly-owned subsidiary of Semperit. After the successful closure of the offer Semperit holds more than 85% of Latexx Partners on a diluted basis of 274.7 million shares and more than 82% based on an undiluted basis of 222.7 million shares.
Semperit Holding is a group operating internationally, which develops, produces and markets highly specialised products made of rubber and plastics (examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, building construction profiles, cable car rings and railway superstructure products) in the Medical and Industrial Business Sectors. Latexx Partners is the world’s sixth largest and one of the leading medical gloves producers in Malaysia. The company owns six manufacturing plants. Latexx Partners distributes its gloves to 80 countries, serving more than 300 customers. (RJA)