Semperit finalizes sale of the remaining medical glove business

Vienna, Austria – Semperit has completed the sale of the medical business and transferred the remaining production and packaging of surgical gloves to the buyer of the entire medical business, the Southeast Asian Harps Global, as agreed. Combined under the discontinued operations “Surgical Operations”, these activities were most recently carried out as contract manufacturing for Harps Global.

“After we had already sold and handed over the majority of the glove business to Harps in 2023, we have now been able to place the remaining part in the hands of the new, responsible owner early and terminate the contract manufacturing. This means that Semperit has exited the glove business completely, and we are concentrating 100% on implementing our growth strategy as a leading specialist in elastomer products for industry,” says Semperit’s CEO Karl Haider.

The second and final closing of the sale of the medical business took place with effect from June 30, 2024, and comprised the sale of the operation for the contract manufacturing of surgical gloves in Wimpassing, Austria, and the 100% stake in the Hungarian company Sempermed Kft., which carries out their packaging in Sopron, Hungary. The sales price (cash and debt free) amounts to EUR 7 million and is subject to the usual price adjustment mechanisms.