# Yokohama Rubber to acquire Trelleborg Wheel Systems for over €2 billion

Yokohama Rubber will acquire 100% of Trelleborg Wheel Systems Holding AB from Trelleborg AB for an enterprise value of over €2 billion. TWS manufactures off-highway tyres for agricultural and industrial machinery. Completion expected in H2 2022.

- Type: Acquisition
- Announced: 2022-03-01
- Where: Sweden
- Value: $2.20B (2.00B EUR)
- Status: announced
- Products: off-highway tyres for agricultural and industrial machinery
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Trelleborg](https://endata.com/companies/1933.md)
- [Trelleborg](https://endata.com/companies/1933.md) (target)
- [Trelleborg Wheel Systems](https://endata.com/companies/37009.md) (target)
- [Yokohama Rubber Co.](https://endata.com/companies/53527.md) (acquirer)

## Sources

- [freshfields.com](https://www.freshfields.com/en/our-thinking/news/news-search/2022/03/freshfields-advises-yokohama-rubber-on-2bn-acquisition-of-swedens-trelleborg-wheel-systems-holding), 2022-03-01: "Freshfields has advised The Yokohama Rubber Co., Ltd. on acquiring the entire wheel systems business of Swedish-listed Trelleborg AB, for an enterprise value of over €2bn."
- [thescxchange.com](https://www.thescxchange.com/articles/6423-trelleborg-sells-off-forklift-tire-making-unit-for-23-billion), 2022-03-25: "The Swedish engineering and manufacturing firm Trelleborg AB will sell off its Trelleborg Wheel Systems division, which makes specialized tires for material handling vehicles and agricultural tractors, in a $2.3 billion deal with Yokohama Rubber Co."
- [mmh.com](https://www.mmh.com/topic/category/news/P2360), 2022-03-25: "Agrees to divest business, which includes tires used in materials handling, to Yokohama Rubber Company"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.