On June 7 of this year, the one-year anniversary of the merger, Patterson released a letter, promising that both Goodyear and Cooper dealers soon will have "access to a single operating system, combined sales force and an integrated brand and product portfolio."
At that time, Patterson said the Akron-based tire maker was targeting early 2023 for the "full value" of the integration. He reminded dealers how the company has continued to invest in its brands, citing:
- Building the first replacement tires designed for electric vehicles (ElectricDrive GT and the Endurance RSA ULT);
- Expanding Cooper's Mastercraft-brand portfolio with the addition of two new lines; and
- Producing more sustainable commercial tires by replacing some petroleum content with soybean oil.
Goodyear said customers already have a single point of contact at the combined company, and that customers can expect to do business with one operating system after the completion of its North America ERP migration, which is set to be complete on Nov. 28.
Goodyear closed the $2.5 billion cash-and-stock deal to purchase Findlay, Ohio-based Cooper on June 7, 2021. The combination brought together, at the time, the world's No. 3 tire maker, with global sales of $11.4 billion in 2020, with Cooper, the No. 13 tire maker with $2.5 billion.
Goodyear, with Cooper Tire, remains the No. 3 tire maker globally, according to Rubber News data.