CLEVELAND, Nov. 3, 2020 /PRNewswire/ -- Further to the
announcement made on Sept. 9, 2020,
the acquisition of Team Wendy, LLC ("Team Wendy") by Avon Rubber
p.l.c. ("Avon") (LON: AVON) is now closed.
Team Wendy, a leading U.S. supplier of exceptional head
protection systems for military, law enforcement, search and
rescue, and adventure markets, now operates as a subsidiary of Avon
Protection from the Company's current headquarters in Cleveland, Ohio. Team Wendy continues to be
led by its President Jose
Rizo-Patron and its six department directors, who all remain
in their positions.
Together, Avon Protection and Team Wendy are a global leader in
head protection systems for the military and first responder
markets, following Avon Protection's acquisition of 3M's ballistic
protection business and the Ceradyne brand earlier this year.
"Today we start an exciting new chapter for Team Wendy that will
usher in new opportunities for our employees, our customers and our
business partners," said Jose
Rizo-Patron, president of Team Wendy. "We remain focused on
our vision to save lives by providing the best for anyone wearing a
helmet."
"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," said Paul McDonald, chief executive officer of
Avon. "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."
About Team Wendy®
Team Wendy is dedicated
to providing exceptional head protection systems designed from the
inside out for those who risk their lives every day. Founded in
1997, the Cleveland-based company
places a strong focus on the prevention of traumatic brain injury
(TBI) in honor of the company's namesake Wendy Moore, who died tragically from a TBI
following a ski accident. As a leading supplier of helmet systems
for military, law enforcement, search and rescue, and adventure
sports, Team Wendy is steadfast in its dedication to the pursuit of
improving head protection research, design and development,
bringing more choice, better technology and reliable customer
service to the industry. Learn more at www.TeamWendy.com.
About Avon Rubber p.l.c.
Avon Rubber is an innovative
technology group, which designs and produces specialist
products to maximize the performance and capabilities of
its customers with leading positions in the
global respiratory and ballistic protection markets.
Avon Protection is a provider of life critical personal
protection systems with leading positions in the global
respiratory and ballistic protection markets for the world's
militaries and first responders.
As a leading global supplier of helmets, helmet accessories, and
helmet liner and retention systems for military and
first responder markets, Team Wendy is dedicated
to providing exceptional head protection
systems, designed from the inside out, for those who
risk their lives every day.
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SOURCE Team Wendy