Cordiant takes on former Bridgestone tyre plant in Russia

Russian tyre maker Cordiant JSC, since May 2023 a S8 Capital business, has taken 99.9 per cent of Ulyanovsk-based tyre production business Bridgestone Tire Manufacturing CIS LLC operation under its control. The remaining 0.1 per cent is now managed by S8 Industrial Assets LLC, an affiliate of S8 Capital.
S8 Capital completed the acquisition of Bridgestone’s Russian assets last month. It had previously integrated the former Continental tyre plant in Kaluga, Russia into the structure of the Cordiant holding company.
Comments closed
Comments