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KOBE, Japan -- Japanese tire maker Sumitomo Rubber Industries aims ... leveraging soon-to-be-acquired rights to the Dunlop brand to catch up with global leaders Michelin and Bridgestone.
Because tires are made of natural rubber and plastic, it’s easy to miss just how much they contribute to pollution in our oceans. Small bits of degraded plastic from tire wear pervade the ...
On 8 January 2025, SRI signed a purchase agreement of $526m (about R10b), which enables SRI to operate its tyre business globally under the Dunlop brand, cementing its presence in nearly every ...
CLEVELAND — The Akron-based Goodyear Tire & Rubber Company announced this week it has "signed a definitive agreement" to sell its Dunlop tire brand to a Japanese corporation for a net cash total ...
Goodyear Tire & Rubber (NASDAQ:GT) said Tuesday it agreed to sell its Dunlop tire brand to Japan's Sumitomo Rubber Industries for $701M in cash. Under the deal terms, Goodyear (GT) said it will ...
KOBE, Japan -- Japan's Sumitomo Rubber Industries announced Wednesday that it will acquire the Dunlop tire brand for Europe, North America and Oceania from U.S.-based Goodyear Tire & Rubber.
The Goodyear Tire & Rubber Company (NASDAQ:GT) shares are trading flat premarket on Wednesday. On Tuesday, the company entered a deal to sell its Dunlop brand to Sumitomo Rubber Industries (SRI ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701M, retaining rights to motorcycle tires in Europe. Goodyear to continue producing Dunlop tires in Europe until 2025, using proceeds to reduce ...
Goodyear Tire & Rubber GT-1.03%decrease; red down pointing triangle plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries 5110 1.12%increase; green up pointing triangle for about ...
Gross cash proceeds at closing of approximately $701 million Advances Goodyear Forward transformation plan, optimizes portfolio of brands Goodyear to supply Dunlop tires to Sumitomo Rubber ...
(RTTNews) - Goodyear Tire & Rubber Company (GT) announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. The sale includes trademarks and intangible assets ...
As part of the agreement, Goodyear will continue to manufacture and distribute Dunlop branded consumer tires in Europe until at least December 31, 2025, with the possibility of a one-year extension.
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