Avon Protection signs agreement to acquire Team Wendy.

Avon Protection announces the signing of an agreement to acquire Team Wendy, a leading supplier of helmets and helmet liner and retention systems for military and first responder markets.
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The acquisition of Team Wendy is another important strategic step in the transformation of Avon Protection into a leading provider of life critical personal protection systems (Picture source: Avon/Team Wendy)

Following completion, the acquisition will bring together two leading providers to create a global leader in helmets. The enhanced and broader product portfolio will include:
• Enlarged helmet portfolio – A full range of tactical bump helmets, ballistic combat helmets and search & rescue helmets as well as related accessories.
• Liner and retention systems – Leading liner and retention system technologies, used in U.S. DOD helmets and throughout the Team Wendy product range.

Commenting on the acquisition, Paul McDonald, Chief Executive said: “The acquisition of Team Wendy is another important strategic step in the transformation of Avon Protection into a leading provider of life critical personal protection systems. Team Wendy is a high-quality business with complementary liner and retention system technologies and established positions in Rest of World Military and First Responder helmet markets. 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”.

Jose Rizo-Patron, Team Wendy, Chief Executive Officer, added: “Today’s announcement marks an exciting new chapter for Team Wendy. It was important for us to find the right owner for Team Wendy with a shared vision to save lives by providing the best for anyone wearing a helmet and who would continue to build on Team Wendy’s legacy”.

The acquisition is subject to U.S. regulatory approvals, approval by Avon Rubber’s shareholders and customary closing conditions and is expected to complete in the first quarter of our 2021 financial year. Upon completion, Team Wendy will continue to operate on a standalone basis from its Cleveland Ohio base, benefiting from the wider Avon Protection infrastructure and management support.

Avon Protection is recognised as a world leader in respiratory and ballistic protection, delivering life critical solutions for Militaries and First Responders worldwide. As an innovative capability provider, Avon Protection understand the unique requirements of the modern warfighter and tactical operator. This depth of specialisation and understanding has ensured products are designed to protect users in the most extreme of environments. The company is proud to have supplied protection solutions to the UK Ministry of Defence and other allies since the 1920’s and remain the primary supplier of integrated protective equipment to NATO and the United States Department of Defense Army, Navy, Marines, Air Force and Special Operations Forces.