Bridgestone Acquires Speedy France in Move to Expand Overseas Business

Bridgestone Corp. (TYO:5108) subsidiary Bridgestone Europe NV/SA (BSEMEA) announced on May 30, 2016, that it would acquire Speedy France SAS, a leading car retail service company. Recent years have seen a string of overseas acquisitions by Japanese rubber companies, mainly tire manufacturers. With demand unlikely to grow domestically, Japanese companies are increasingly looking to expand their overseas business through corporate…

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