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Goodyear to sell Dunlop brand to Sumitomo Rubber Industries
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).
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 re-establish Dunlop as a "premium tire brand in the global market."
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.
Tire Maker Goodyear to Sell Dunlop Brand to Japan's Sumitomo Rubber for $701 Million
(Reuters) -Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries for $701 million in cash as part of a plan to streamline its business. The sale covers the Dunlop brand and its trademarks in Europe, North America and Oceania, the company said.
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 Signs Contract to Sell Dunlop to Sumitomo Rubber
The Goodyear Tire & Rubber Company GT recently signed a definitive agreement to sell the Dunlop brand, including trademarks and intangible assets necessary for its operations in Europe, North America and Oceania,
Hosted on MSN
13h
'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
18h
A look at the colorful history of the Dunlop brand
Sumitomo Rubber Industries' deal to buy the rights to the Dunlop brand in North America and Europe from Goodyear reunites the ...
WKBW
2d
Job fair to be held for former Sumitomo Rubber employees after closure of Town of Tonawanda facility
TOWN OF TONAWANDA, N.Y. (WKBW) — A job fair will be held for former Sumitomo Rubber Plant employees in the Town of Tonawanda.
17h
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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