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SSL International



 
 
SSL International plc is a British
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
-based manufacturer of healthcare products. Its most well-known brands are Durex
Durex

Durex is the trademarked name for a range of condoms made by United Kingdom-based multinational SSL International.The name, which the London Rubber Company trademarked in 1929, is a portmanteau of "Durability, Reliability, and Excellence", though some people mistake it as being "Durable Latex"....
 and Scholl; other significant brands are Sauber and Mister Baby. The Company's name is an abbreviation of Seton Scholl London International, its predecessor businesses. It is listed on the London Stock Exchange
London Stock Exchange

The London Stock Exchange or LSE is a stock exchange located in London, United Kingdom. Founded in 1801, it is one of the largest stock exchanges in the world, with many overseas listings as well as British companies....
 and is a constituent of the FTSE 250 Index
FTSE 250 Index

The FTSE 250 Index is a market capitalisation-weighted index of 250 UK companies on the London Stock Exchange. They are selected quarterly as being the 101st to 350th largest companies with their primary listing on the exchange....
.

Company was formed in May 1999 by the merger of Seton Scholl (itself created through the merger of Seton Healthcare and Scholl in July 1998) with London International Group (formerly London Rubber Company) (makers of Durex
Durex

Durex is the trademarked name for a range of condoms made by United Kingdom-based multinational SSL International.The name, which the London Rubber Company trademarked in 1929, is a portmanteau of "Durability, Reliability, and Excellence", though some people mistake it as being "Durable Latex"....
).






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SSL International plc is a British
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
-based manufacturer of healthcare products. Its most well-known brands are Durex
Durex

Durex is the trademarked name for a range of condoms made by United Kingdom-based multinational SSL International.The name, which the London Rubber Company trademarked in 1929, is a portmanteau of "Durability, Reliability, and Excellence", though some people mistake it as being "Durable Latex"....
 and Scholl; other significant brands are Sauber and Mister Baby. The Company's name is an abbreviation of Seton Scholl London International, its predecessor businesses. It is listed on the London Stock Exchange
London Stock Exchange

The London Stock Exchange or LSE is a stock exchange located in London, United Kingdom. Founded in 1801, it is one of the largest stock exchanges in the world, with many overseas listings as well as British companies....
 and is a constituent of the FTSE 250 Index
FTSE 250 Index

The FTSE 250 Index is a market capitalisation-weighted index of 250 UK companies on the London Stock Exchange. They are selected quarterly as being the 101st to 350th largest companies with their primary listing on the exchange....
.

History

The Company was formed in May 1999 by the merger of Seton Scholl (itself created through the merger of Seton Healthcare and Scholl in July 1998) with London International Group (formerly London Rubber Company) (makers of Durex
Durex

Durex is the trademarked name for a range of condoms made by United Kingdom-based multinational SSL International.The name, which the London Rubber Company trademarked in 1929, is a portmanteau of "Durability, Reliability, and Excellence", though some people mistake it as being "Durable Latex"....
). The integration of these two businesses was led by Stuart Wallis, the first chairman of SSL, who left the Company in 2001.

From 2002 to 2004 the Company disposed of its medical and industrial products to focus on its two main brands as part of a "strategic repositioning". The first major diversement was of 21 OTC
Over-the-counter drug

Over-the-counter drugs are medications that may be sold to a customer without a medical prescription. The term "over-the-counter" is somewhat counter-intuitive, since these items can often be found on the shelves of stores and bought like any other packaged product in some countries in contrast to prescription drug which are more likely to l...
 brands to Thornton & Ross Limited in March 2002. Marigold Industrial Gloves was sold to Comasec SAS in November 2003. The wound management products were sold to Medlock Medical Limited (owned by Apax Partners
Apax Partners

Apax Partners is a private equity and venture capital firm based in the United Kingdom which operates out of nine offices in New York City, London, Hong Kong, Mumbai, Tel-Aviv, Madrid, Stockholm, Milan and Munich....
) in May 2004. Regent Infection Control (makers of Biogel surgical gloves and Hibi antiseptics) was also sold to a business owned by Apax Partners
Apax Partners

Apax Partners is a private equity and venture capital firm based in the United Kingdom which operates out of nine offices in New York City, London, Hong Kong, Mumbai, Tel-Aviv, Madrid, Stockholm, Milan and Munich....
 in May 2004 for £173 million. The final sale was of the minor Silipos business to Langer Inc in October 2004.

In November 2007 the Company went on to buy Orthaheel, an Australia
Australia

Australia, officially the Commonwealth of Australia, is a country in the southern hemisphere comprising the Australia of the world's smallest continent, the major island of Tasmania, and numerous list of islands of Australia in the Indian Ocean and Pacific Oceans....
n business selling insoles designed and marketed by podiatrist, Phillip Vasyli. In November 2008 the Company announced the completion of its acquisition of Crest Condoms, a Swiss
Switzerland

Switzerland is a landlocked Swiss Alps country of roughly 7.7 million people in Western Europe with an area of 41,285 km?. Switzerland is a federal republic consisting of 26 states called Cantons of Switzerland....
 based condom brand.

Operations

The company has a commercial presence in over thirty countries and manufacturing plants in the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
, Channel Islands, Spain
Spain

Spain or the Kingdom of Spain , is a country located in Southern Europe on the Iberian Peninsula.The Spanish constitution does not establish any official denomination of the country, even though Espa?a , Estado espa?ol and Naci?n espa?ola are used interchangeably....
, China
China

China is a Culture of China, an ancient civilization, and, depending on perspective, a national or multinational entity extending over a large area in East Asia....
, India
India

India, officially the Republic of India , is a country in South Asia. It is the List of countries and outlying territories by total area country by geographical area, the List of countries by population country, and the most populous liberal democracy in the world....
 and Thailand
Thailand

The Kingdom of Thailand is an independent country that lies in the heart of Southeast Asia. It is bordered to the north by Laos and Myanmar, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and Myanmar....
.

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