by Kyle Molyneux | Tue 02 May 2023
Trelleborg Wheel Systems joins Yokohama Rubber Co
Trelleborg Wheel Systems has been acquired by The Yokohama Rubber Co Ltd for a price of 2.07 billion euros. The company will officially be part of The Yokohama Rubber Co Ltd, operating under the name ‘Yokohama TWS’ as a new company.
The Yokohama Rubber Co Ltd, based in Hiratsuka, Japan, is a global leader in the tyre industry and other rubber applications, such as conveyor belts, hoses and couplings, and fenders. With 860.5 billion yen in revenues (approximately 6 billion euro), The Yokohama Rubber Co Ltd employs over 28,000 people around the globe and operates in more than 120 countries.
This acquisition enables The Yokohama Rubber Co Ltd to consolidate its leading position among tyre producers in the world, becoming a global leader in the off-highway tyres segment with the addition of Trelleborg, Mitas, Maximo, Cultor brands and Interfit service network to its portfolio.
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