Top Glove aims to dominate half of global surgical gloves market
20% increase in revenue is also expected following acquisition of Aspion
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FOLLOWING its decision to buy the medical gloves business from Adventa Capital Pte Ltd, rubber glovemaker Top Glove Corporation Bhd is looking to grow its market share to dominate almost half of the global surgical gloves market in time to come.
In a recent e-mail interview with The Business Times, the Malaysia-based firm's executive chairman Lim Wee Chai said: "Post-acquisition, our combined market share will be 30 per cent, which will position us as the world's largest surgical glove manufacturer, and we hope to eventually grow this to 40 per cent over time."
Copyright SPH Media. All rights reserved.
