Yokohama completes Trelleborg acquisition

Yokohama Rubber Co has completed the acquisition of Sweden-based Trelleborg Wheel Systems, a division of the larger Trelleborg organisation in a deal valued at approximately €2.156bn.

Trelleborg tyre division acquired by Yokohama

Peter Nilsson, President and CEO of Trelleborg Group said: “The Group’s tire operation has been part of Trelleborg since the beginning in 1905. The decision to divest Trelleborg Wheel Systems was therefore not an easy one.

READ: Factor Sales Ltd acquired by Pearson Ham Group

“I would like to extend a big and heartfelt thank you to all employees in the business area and wish them and Yokohama Rubber every success in their new corporate constellation,” he said, adding that the cash from the divestment would be used to build a stronger core business.


Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

GSF announces new-look leadership team

GSF will add 20 new branches to its 180-strong network over the next 12 months; up to 20 further locations will follow from 2025

Read More

Winners crowned at CAT Awards 2024

The annual event, held at the Lowry Hotel, welcomed more than 200 people from across the aftermarket

Read More

Movers & Shakers: Round-up of all the latest changes

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

Fraudsters guilty of selling knock-off aftermarket parts in UK

Group used Amazon as platform for its products

Read More

APH Automotive appointed Suplex’s exclusive GB distributor

Director Andrew Hopkin said the move “is a feather in the cap for APH”

Read More

Go to comments

Your email address will not be published. Required fields are marked *