Pirelli has signed an agreement to buy 100% of Hevea-Tec, the biggest independent processor of natural rubber in Brazil, the Milan-based tyremaker said. The deal, based on an enterprise value for Hevea-Tec of around 21...
Goodyear to buy Cooper Tire for $2.8 billion, nearly doubling China presence
Goodyear Tire & Rubber Co said it would buy Cooper Tire & Rubber Co in a $2.8 billion deal to beef up its portfolio in the high-margin light truck and SUV segments and strengthen its presence in North America...
India invests in synthetic rubber
Indian companies are investing in synthetic rubber, building on the recently added capacity of about 270,000 tonnes a year, industry officials said here today. Tyre manufacturers are also calling on them to start...
Yokohama Rubber Co to buy Alliance Tire Group for $1.2 billion
Yokohama Rubber Co has agreed to buy out Alliance Tire Group (ATG), controlled by US private equity giant KKR, for about $1.2 billion in one of the biggest private equity exits from an India-focused investment and one...
Yokohama Rubber to announce acquisition of overseas tyre maker
Japan’s Yokohama Rubber Co said it would announce the acquisition of an overseas tyre maker at 3 p.m. (0600 GMT) on Friday. It gave no further details ahead of the announcement.
