The Yokohama Rubber Company, Limited /
The Goodyear Tire & Rubber Company
Yokohama to buy Goodyear’s off-the-road tire business for $905 million
What happened
The Goodyear Tire & Rubber Company agreed to sell its Off-the-Road tire business to The Yokohama Rubber Company, Limited for $905 million in cash. The transaction includes related subsidiaries and assets, and remains subject to regulatory approvals and other customary closing conditions.
Goodyear OTR provides products, services and tire management solutions. The transaction is expected to close by early 2025.
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Yokohama to buy Goodyear’s off-the-road tire business for $905 million
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