Update: An udder upgrade
Avon Rubber has announced the acquisition of InterPuls, an Italian manufacturer of specialist milking components, for €29.75m. InterPuls extends Avon’s reach in milking from liners and internally developed claws to the full end-to-end milking point solution, in line with management’s stated strategy. With complementary technologies and markets, the Dairy growth profile has been enhanced, while the high-margin, technology-rich InterPuls products are a mirror image of Avon’s Milkrite approach. With the deal expected to be significantly earnings enhancing from FY16, Avon has yet again demonstrated its ability to create value with sustainable growth.Avon Rubber is a technology group focusing on respiratory protection systems and milking point solutions through its two businesses, Avon Protection and milkrite , InterPuls. Avon Protection is a provider in Chemical, Biological, Radiological and Nuclear respiratory protection systems for the world's Military, Law Enforcement and Fire markets. milkrite , InterPuls provides milking point solutions to customers across the world.
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