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History
Present Day (2001-Present)
2006: Avon Rubber p.l.c. sells its automotive division (approximately 75% of the
business by sales turnover) in a management led buyout to Avon Automotive
Holdings, Inc, which is established and controlled by an independent private equity
company, Red Diamond Capital Partners, LP, and a management team by Leland
Richards. Avon Automotive continues to be a significant supplier to the world's
engine markets.
Red Diamond Capital
Formed in 2002, Red Diamond Capital is an independent private equity company.
Through the partnership with Mitsubishi Corporation, one of Japan's leading
businesses, Red Diamond Capital offers an unique mix of strategic resources,
industry focus and management expertise.
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A Rich History
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