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Avon Rubber buys US helmet maker for US$130 mn

UK-based Avon Rubber, under its subsidiary Avon Protection, is to acquire Team Wendy, a US-based supplier of helmets and helmet liner and retention systems for military and first responder markets, for US$130 million on a cash-free and debt-free basis, subject…

Yokohama plans OTR tyre plant in India

Continued rise in demand for off-road tyre (OTR) products has spurred the Yokohama Rubber Co. Ltd. (Yokohama) to build another tyre manufacturing plant, this time in Visakhapatnam, southeast Andhra Pradesh, India. Construction on the US$165 million manufacturing plant is set…