The Yokohama Rubber Co., Ltd., has announced that it acquired the fixed assets (land, building, and OTR tyre production machinery) of a closed plant located in Romania through its off-highway tyre (OHT) subsidiary Yokohama TWS Romania S.R.L.
The acquisition is a follow-up to the acquisition of The Goodyear Tire & Rubber Company’s OTR business, a strategic investment aimed at achieving “Hockey Stick Growth” during Yokohama Transformation 2026 (YX2026), the Company’s medium-term management plan for fiscal years 2024–2026. The purpose of the acquisition is to increase the Group’s production capacity of mining & construction machinery tyres in Europe.
The acquisition is a key part of Yokohama Rubber’s effort to expand its OHT product lineup and its production and supply capabilities in all OHT categories, including tyres for mining & construction machinery, as it seeks to strengthen its market position and competitiveness in the OHT business and enhance its corporate value.
