MELKSHAM, England—Avon Rubber P.L.C. has acquired Florida-based electronic systems company Hudstar Systems Inc. for $5.1 million, Avon said in a June 22 release.
Hudstar designs and manufactures electronic control systems used in powered and supplied air respiratory protection systems.
Much of the U.S. company's output goes to Avon Rubber for use in its Deltair self-contained breathing apparatus for the fire service industry.
Avon Rubber expects this acquisition to be earnings enhancing in the next financial year. Avon said that Hudstar does not produce audited accounts because it is a private U.S. company.
“The addition of Hudstar's technology and expertise in electronics adds to Avon's capability and will in addition to providing short term cost savings, provide longer term product development opportunities in this key technology area,” Avon Rubber CEO Peter Slabbert said.