Yokohama Rubber Completes Acquisition of Goodyear’s Off-the-Road Tire Business

#Yokohama #YokohamaAcquiresGoodyear #BusinessTransformation #Goodyear #Tire

Source:Yokohama

The acquisition adds Goodyear’s advanced technologies, strong brand reputation, and skilled services to Yokohama Rubber.

February 2025 : The Yokohama Rubber Co., Ltd., announced it has completed its acquisition of the Off-the-Road tire (OTR) business of The Goodyear Tire & Rubber Company, a tire manufacturing and sales company headquartered in the United States. The OTR business provides specialized tires for the mining and construction industries among others.

Announced on July 22, 2024, the deal aligns with Yokohama’s “Hockey Stick Growth” strategy under its 2024–2026 transformation plan. The acquired business will be included in Yokohama’s consolidated results from Q1 2025, with its financial impact under review.

The acquisition adds Goodyear’s advanced technologies, strong brand reputation, and skilled services to Yokohama Rubber along with a wide range of mining and construction tires, from 25 inches or smaller to ultra-large sizes of 49 to 63 inches.

The acquisition strengthens Yokohama’s off-highway tire (OHT) production, supply capabilities, and market position, enhancing competitiveness and corporate value.

MORE FROM THE SECTION