Yokohama Rubber Co. Bolsters Global Position with Strategic Acquisition of Goodyear's Off-The-Road Tire Business
SHERIDAN, WYOMING – July 24, 2024 – Yokohama Rubber Co., Ltd. (YRC) today announced a definitive agreement to acquire the Off-The-Road (OTR) tire business of The Goodyear Tire & Rubber Company for US$905 million. This strategic move significantly expands YRC's global footprint and reinforces its commitment to growth in the thriving off-highway tire sector.
A Strategic Move to Drive Growth