The sale of the OTR business is a part of the plan to make the company’s business more streamlined under the Goodyear Forward plan.
Goodyear’s OTR Business Was Valued at Approx. $905 million
The Goodyear Tire & Rubber Company (Goodyear) announced that it had completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company (Yokohama Rubber), effective February 3, 2025, in an all-cash transaction valued at approximately $905 million.
The sale was first announced in July 2024. For Yokohama Rubber, the acquisition of Goodyear...
Goodyear’s OTR Business Was Valued at Approx. $905 million
The Goodyear Tire & Rubber Company (Goodyear) announced that it had completed the previously announced divestiture of its off-the-road (OTR) tire business to The Yokohama Rubber Company (Yokohama Rubber), effective February 3, 2025, in an all-cash transaction valued at approximately $905 million.
The sale was first announced in July 2024. For Yokohama Rubber, the acquisition of Goodyear...