Goodyear Tire & Rubber plans to sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for about $700 million. The Ohio-based tiremaker said Tuesday that it agreed to sell the Dunlop trademarks ...
Goodyear will continue making and selling Dunlop tires in Europe through at least the end of 2025 under a transition agreement.
Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to Sumitomo Rubber Industries Ltd., the Japanese tire and rubber maker, for $701 million in cash and other ...
AKRON — Goodyear has agreed to sell the North American and European rights to the venerable Dunlop tire brand — which has roots dating back more than 130 years — to Sumitomo Rubber Industries Ltd.
When Goodyear announced its "Goodyear Forward" plan in late 2023, there undoubtedly were those who expected it to be nothing more than a slash-and-burn strategy. But 14 months into the initiative, ...
Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Deal includes brand transfer, ongoing agreements, and debt reduction.
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber ...
Pursuant to the transaction terms, SRI will pay Goodyear cash proceeds at closing of approximately $701 million for the transfer of the Dunlop Brand across the relevant geographies, a "Transition ...
Goodyear Tire (GT) announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in ...
The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI). This transaction encompasses the sale of trademarks and ...