Article: Avon Automotive sells anti-vibration parts unit.(Avon Rubber PLC. Avon Automotive)

Byline: Mike McNulty

Dong Ah Tire & Rubber Corp. and Avon Automotive Inc. are heading in two different directions, which is why the companies just completed the sale of a business.

Avon wants to streamline its operation and focus on its core global hose segment, President and CEO Lee Richards said. So the company sold its Vibration Management Systems business to Dong Ah for an undisclosed amount.

Yusan, South Korea-headquartered Dong Ah wants to build a strong operation for anti-vibration products in Europe, where it previously had a small base. The acquisition of VMS gives it that opportunity, according to Sang-Hun Kim, Dong Ah president and ...

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