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The senior management of Avon Rubber plc's automotive group has entered into a definitive agreement with the company to acquire its automotive division. Backed by Red Diamond Capital, a private equity ...

CADILLAC, Mich.—France's MGI Coutier Group has acquired parts producer Avon Automotive Holdings Inc. to gain a U.S. manufacturing base and expand its operation globally. The companies were slated to ...

CADILLAC, Mich. -- Avon Automotive Inc. plans to close its Manton, Mich., molded-rubber parts plant by midsummer and shift the site's automotive production to Mexico. About 150 workers are employed at ...

The senior management of Avon Rubber’s automotive group has agreed to acquire its automotive division. Backed by Red Diamond Capital, a New York-based private equity firm, the management-led buyout is ...

When senior managers at the automotive division of Avon Rubber PLC complete their purchase of the unit, the new stand-alone company will have a greater opportunity to work with automakers, says ...

CADILLAC, Mich. (May 22) — Avon Rubber P.L.C. has agreed to sell its automotive unit to the business´ management, backed by Red Diamond Capital, a private equity firm based in New York, for $115 ...