Tag: Avon Rubber sells US business for US$9.25 million

Avon Rubber sells US business for US$9.25 million

Avon Rubber, which produces rubber-based products for the manufacturing sector, has sold a US-based subsidiary for a total cash consideration of US$9.25m (£6.57m). Avon Engineering Fabrications (AEF), which manufactures hovercraft skirt and bulk liquid storage tanks, has been sold to…