Bridgestone Corp. (TYO:5108) has through its European subsidiary Bridgestone EMEA completed the acquisition of French tire retailer Groupe Ayme. The French competition authorities gave clearance and authorised the transaction without any restrictions. As a result, the Bridgestone retail network of First Stop, Speedy and Côté Route now has more than 900 points of sale. This acquisition supports the company’s retail...
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Bridgestone Develops Airless Bicycle Tire
Bridgestone Corp. (TYO:5108) said that it has developed jointly with Bridgestone Cycle Co. Ltd. a next-generation bicycle tire that does not need to be inflated with air. The companies will work on feasibility studies with a look to making the new tire commercially available by 2019. The development is part of the company’s Air Free Concept, a technology that eliminates...
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Bridgestone to Feature University Solar Car at Shanghai Motor Show
Bridgestone Corp. (TYO:5108) will be showcasing a car at Auto Shanghai 2017 made by the Kogakuin Solar Team, a group of students from Kogakuin University. The Kogakuin Solar Team will have its vehicle exhibited throughout the 17th International Automobile Industry Exhibition, running April 19–28. From initial design to final production, the vehicle to go on display was made entirely by...
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Bridgestone Completes Acquisition of Gaco Western
Firestone Building Products Co. LLC (FSBP) revealed on April 3 that it has completed its acquisition of roofing materials supplier Gaco Western Inc. Gaco is a manufacturer and distributor of high-performance waterproofing and heat insulation products and leads the industry with innovative silicon-based roofing materials. FSBP is a wholly-owned roofing solutions and construction materials supply subsidiary of Bridgestone Americas Inc.,...
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Shareholders Meeting: Bridgestone COO on Tackling Future Auto Technology
With the four large Japanese tire makers closing their fiscal years by end of December, the latter half of March has in succession seen Bridgestone Corp. (TYO:5108), Sumitomo Rubber Industries Ltd. (TYO:5110), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) holding their annual shareholders meetings. Talking at Bridgestone’s meeting on March 24, Kazuhisa Nishigai, the...
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Bridgestone Implements New CSR System
Bridgestone Corp. (TYO:5108) has recently implemented a new corporate social responsibility (CSR) system, Our Way to Serve. The company will develop its global business with Our Way to Serve as a principle for all its employees to follow in practice. Our Way to Serve was developed in order to aim higher, based on the company’s corporate philosophy of serving society...
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