Bridgestone Retail Operations LLC (BSRO), a wholly owned subsidiary of Bridgestone Corp., will acquire The Pep Boys – Manny, Moe & Jack, one of America’s leading automotive aftermarket chains, in an all-cash transaction, purchasing all outstanding shares at approximately $835 million in aggregate equity value. Bridgestone’s biggest acquisition to date was the $2.6 billion purchase in 1988 of The Firestone...
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Bridgestone Develops Seismic Isolation Rubber for Low-Rise Buildings
Bridgestone Corp. has announced the recent development of the X3R Series, its seismic isolation rubber for low-rise buildings. The company has already developed a super-large seismic isolation rubber for ultra-high-rise buildings, and sells a full assortment of types, including seismic isolation rubber for low-rise, mid-rise, high-rise, and ultra-high rise. In earthquake-prone Japan, the company’s products help mitigate earthquake damage. The...
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