BRUSSELS, Belgium (June 2)—Bridgestone Corp. has bought Belgian tire mold maker Mecamold S.A. as part of its strategy to achieve vertical integration in the European production process.
Terms of the deal were not disclosed.
Herstal, Belgium-based Mecamold, with 200 employees, has supplied Bridgestone Europe—or its predecessor, Firestone Europe—for the past 35 years, Bridgestone said.
Mecamold was established in 1965 as part of Canada's Abex Industry Ltd. and has been independent since 1978.