Acquisition
Stockholders in Cooper Tire & Rubber Co. voted overwhelmingly to approve Goodyear's purchase of the company at a special shareholders' meeting held today.
Yokohama Rubber is selling its Hamatite sealing and adhesive materials business to Swiss-based chemicals specialist Sika Group.
Bridgestone Corp. has offered to buy Otraco International Pty. Ltd., an Australian provider of Off-the-Road tire management solutions.
Goodyear has crossed one major hurdle in its bid to acquire Cooper Tire & Rubber Co.
Manufacturing and engineering specialist Avon Group has made two key acquisitions in recent months.
Hexpol is acquiring Spanish rubber compounder Union de Industrias CA (Unica) from private equity firm Espiga Capital.
One of the country's largest tire recyclers is being sold by Carlyle Partners, which has had a majority ownership stake since 2017.
Bridgestone has completed its sale of Firestone Building Products to LafargeHolcim Ltd., giving it a pile of cash to invest in its core tire business while allowing the buyer to add roofing to its portfolio.
Private equity firm Blue Point Capital Partners and its portfolio company VRC Engineered Solutions have purchased Idaho-based Cascadia Custom Molding.
The European Commission has conditionally approved the $3.3 billion acquisition of Eaton's hydraulics business by Denmark's Danfoss A/S.