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Market Cap: £495.38m
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Acquisition Update

23 Dec 2019 07:00

RNS Number : 7388X
Avon Rubber PLC
23 December 2019
 

23 December 2019

Avon Rubber p.l.c.

Avon Rubber receives approval for the acquisition of 3M's ballistic protection business

 

Further to the announcement on 7 August 2019, Avon Rubber is pleased to announce that it has received approval from the Committee on Foreign Investment in the United States ("CFIUS") to close the acquisition of 3M's ballistic protection business.

 

Following receipt of this approval the acquisition is expected to complete on 2 January 2020.

 

For further enquiries, please contact:

 

Avon Rubber p.l.c.

Paul McDonald, Chief Executive Officer

01225 896 848

Nick Keveth, Chief Financial Officer

Ryan Mahoney, Deputy Chief Financial Officer

MHP Communications

Andrew Jaques

0203 128 8570

Charlie Barker

Pete Lambie

 

Legal Entity Identifier: 213800JM1AN62REBWA71

Note to editors: 

Avon Rubber is an innovative technology group, which designs and produces specialist products and services to maximise the performance and capabilities of its customers. We specialise in Chemical, Biological, Radiological and Nuclear ("CBRN") respiratory protection systems, as well as milking point solutions through our two businesses, Avon Protection and milkrite | InterPuls.

 

Avon Protection is the recognised global leader in advanced CBRN respiratory protection systems for the world's Military and Law Enforcement markets.

 

milkrite | InterPuls is a global leader providing complete milking point solutions to dairy farmers across the world with the aim of improving every farm it touches.

 

For further information, please visit our website: www.avon-rubber.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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