|
|
|
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.
|
|