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Goodyear to sell Dunlop brand to Sumitomo Rubber
Goodyear to sell Dunlop tire brand — plus 5 more M&A deals to know
Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to Sumitomo Rubber Industries Ltd., the Japanese tire and rubber maker, for $701 million in cash and other consideration.
Goodyear to divest Dunlop brand to Sumitomo Rubber for $701m
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI).
Goodyear to sell Dunlop tire brand to Japanese rubber company for $701 million
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement.
Dunlop Brand Changes Hands: Goodyear Strikes $701 Million Deal with Sumitomo To Power Forward Plan
Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Deal includes brand transfer, ongoing agreements, and debt reduction.
Sumitomo Rubber acquires Dunlop rights for US, Europe, Oceania
Japanese tire maker Sumitomo Rubber Industries has acquired the Dunlop trademark rights for the US, Europe and Oceania. The company says the deal will boost its global sales.
Sumitomo aims to make Dunlop a ‘core brand’ following acquisition
Sumitomo acquires Dunlop to grow it as a premium tire brand. Focus includes Active Tread technology and motorsports.
Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal
Goodyear Tire & Rubber (NASDAQ:GT) said Tuesday it agreed to sell its Dunlop tire brand to Japan's Sumitomo Rubber Industries for $701M in cash. Under the deal terms, Goodyear (GT) said it will continue to manufacture,
Goodyear to sell Dunlop brand to Sumitomo Rubber Industries for estimated $701M
Goodyear announced on Tuesday that it will sell the Dunlop brand to Sumitomo Rubber Industries Ltd. for an estimated $701 million.
Goodyear Tire to sell Dunlop brand to Sumitomo Rubber for $701M
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets
Goodyear Plans to Sell Dunlop Brand for About $700 Million
Goodyear Tire & Rubber plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for about $700 million. The Ohio-based tiremaker said Tuesday that it agreed to sell the Dunlop trademarks and intangible assets in Europe,
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7h
'It's been a struggle': Former Sumitomo workers still trying to find new jobs
Two months after the Sumitomo Rubber plant in the Town of Tonawanda abruptly closed, leaving 1,500 workers suddenly without a ...
Tire Business
14h
Sumitomo eyes returning Dunlop to premium brand status
Regaining control of the Dunlop brand in North America and Europe is part of Sumitomo Rubber Industries' strategy to ...
11h
on MSN
Goodyear's sale of Dunlop is seen as a strategic move to streamline its business
Goodyear Tire & Rubber (NASDAQ:GT) jolted the auto supplier sector earlier in the week by announcing the sale of the Dunlop ...
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