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You are here: Home1 / Grand Design 100

Posts

Yokohama Rubber acquiring Alliance Tire Group

Company News

On 25 March, the Yokohama Rubber Co. Ltd. announced it has reached an agreement with global investment firm KKR and three other parties to purchase all shares in Alliance Tire Group (ATG) for an agreed equity value of US$1,179 million. The transaction is expected to be finalised on 1 July 2016, after the completion of all necessary closing procedures, including regulatory approvals.

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Related news:

  1. Toru Kobayashi chairman of ATG after Yokohama completes acquisition
  2. Yokohama acquiring Japanese industrial tyre manufacturer
  3. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
  4. Yokohama Rubber names new president, ATG chairman
29th March 2016/by Tyrepress Editors

Yokohama prioritising growth in final Grand Design 100 phase

Company News

Growth will be the focus of Yokohama Rubber’s energies in the fourth and final phase of its ‘Grand Design 100’ medium-term management plan. The Japanese tyre and rubber products manufacturer unveiled details of the three-year Phase IV on 13 February and announced it aim of raising annual net sales to 770 billion yen (£4.2 billion) and annual operating income to 80 billion yen (£438.2 million) by 2017, and to increase operating profit margin to 10.4 per cent within the same timeframe.

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Related news:

  1. Yokohama Rubber acquiring Alliance Tire Group
  2. GD2020 – Yokohama Rubber’s new mid-term management plan
  3. Yokohama’s premium strategy bolstered by broad UHP range
17th February 2015/by Tyrepress Editors
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