# Gemspring Capital to acquire Goodyear Chemical

Gemspring Capital announced a definitive agreement to acquire Goodyear Chemical, the polymer chemicals business of The Goodyear Tire & Rubber Company. The acquisition includes two operating plants in Houston and Beaumont, Texas, and an R&D center in Akron, Ohio. Closing is expected by the end of 2025.

- Type: Acquisition
- Announced: 2025-05-22
- Where: Houston, Beaumont, Texas; Akron, Ohio, United States
- Status: announced
- Products: synthetic rubber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Goodyear Tire & Rubber Company](https://endata.com/companies/17658.md) (target)
- [Gemspring Capital](https://endata.com/companies/25096.md) (acquirer)
- [Goodyear Chemical](https://endata.com/companies/85033.md) (target)

## Sources

- [chemicalprocessing.com](https://www.chemicalprocessing.com/asset-management/economics/news/55293189/the-business-side-goodyear-novopor-and-yokogawa-deals-reshape-operations), 2025-05-28: "The acquisition will position Goodyear Chemical as an independent business with a continued focus on elastomer technologies and engineered solutions."

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