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Used vehicle tyres manufactured by Goodyear sit at Stellantis and Alcopa Group SUSTAINera car reconditioning plant in Sainte-Genevieve, near Paris, France, February 22, 2024. REUTERS/Benoit Tessier

 

U.S. law firm Sullivan & Cromwell is advising Goodyear Tire & Rubber on the planned sale of its Off-the-Road equipment tire business to Japan's Yokohama Rubber, which is being represented by Freshfields Bruckhaus Deringer.

According to Reuters, Goodyear’s Off-the-Road business makes tyres for industries such as mining and construction.

It added that with the acquisition, Yokohama Rubber aims to strengthen its product portfolio and boost its line-up of tyres in non-agricultural segments.

The Freshfields team was led by partners Paul Tiger and Sebastian Fain in New York and Takeshi Nakao and Noah Carr in Tokyo, with support from counsel Enrique Dancausa and senior associates Max Sanders, Marissa Yu and Hugh Goodwin.

 

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