Announced
Completed
Financials
Tags
Completed
United States
Majority
Cross Border
Single Bidder
head protection
Clothing and Accessories
Acquisition
Friendly
Public
Synopsis
Avon Rubber, a British company that specialises in the engineering and manufacturing of respiratory protection equipment for the military, completed the acquisition of Team Wendy, a US supplier of exceptional head protection systems for military, law enforcement, search and rescue, and adventure markets, for $130m. "The acquisition of Team Wendy is another important strategic step in the transformation of Avon Rubber into a leading provider of life critical personal protection systems. Team Wendy is a high-quality business with complementary liner and retention system technologies and established positions in Rest of World Military and First Responder helmet markets. Bringing Team Wendy into the same family with our existing Helmets & Armor business establishes Avon Protection as a global leader in Military and First Responder helmets, with an enhanced and broader product portfolio with stronger capabilities and routes to market," Paul McDonald, Avon CEO.
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