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.
Yokohama Rubber Co announced an additional $171 million investment into its upcoming off-highway tyre plant at Visakhapatnam, Andhra Pradesh, nearly doubling daily capacity from 137 to 257 tonnes.
Sika has agreed to acquire Hamatite, the adhesives and sealants business of Yokohama Rubber Co., for approximately $176 million in annual sales. The transaction is subject to antitrust clearance.
Sika has agreed to acquire Hamatite, the adhesives and sealants business of The Yokohama Rubber Co., Ltd., a market leader in Japan serving the automotive and construction industries, with annual sales of CHF 160 million.
Sika has agreed to acquire Supermassa do Brasil Ltda., a mortar manufacturer operating under the brand BR Massa in Brazil. The acquisition enhances Sika's position in the Minas Gerais region and complements its production footprint with a mortar manufacturing facility.
Sika announced it has agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co., Ltd., which serves the automotive and construction industries.
| Site | Largest | Latest |
|---|---|---|
| Visakhapatnam, India | $171.0M | 2021-08-11 |