
Britain’s Avon Rubber plc said on Tuesday it has completed its $130 million acquisition of Cleveland-based Team Wendy, a designer and manufacturer of head protection systems for military, law enforcement, search and rescue, and adventure sports markets. Team Wendy’s senior management, including its president and department directors, remain with the company. “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,” Paul McDonald, Avon’s…