acquisitions

Toyoda Gosei to Acquire 100% Stake in Brazilian Automotive Parts Manufacturer

Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it will acquire a 100 percent stake in Pecval Industria Ltda., a Brazilian-based manufacturer of automotive interior and exterior parts, by December 2017. Pecval is currently a joint venture between Toyoda Gosei and Shimizu Industry Co. Ltd. Now, however, the two companies have agreed that Toyoda Gosei will acquire a full ownership...

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Yokohama Rubber Completes Acquisition of Alliance Tire Group

Yokohama Rubber Co. Ltd. (TYO:5101) has completed its acquisition of Alliance Tire Group B.V. (ATG) effective July 1.  ATG will be included in company’s consolidated accounts from the third quarter of FY 2016 (October – December). ATG is headquartered in Amsterdam, the Netherlands. Its main business is the manufacture and sale of tires for agricultural, forestry, industrial, and construction machinery....

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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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