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More sell-offs to come as Hills switches focus

Sarah Thompson and Anthony Macdonald
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Hills Holdings sale of its non-core healthcare equipment business yesterday was a sign of more things to come, with new chief executive officer Ted Pretty pressing the “sell" button on a number of other business units.

Up for sale are Hills’ steel businesses Orrcon, Korvest and Fielders. It is understood the processes are in their early stages and will be given more attention after the company’s half-year result on February 11.

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Original URL: https://www.afr.com/companies/financial-services/more-sell-offs-to-come-as-hills-switches-focus-20130122-ilv9v