Quick Takeaways
- Bekaert Bridgestone tire reinforcement business acquisition expands Asia manufacturing presence
- The deal includes a long-term supply arrangement and transfer of tire cord production facilities.
On January 28, Bekaert announced that it has reached an agreement with Bridgestone to acquire its tire reinforcement business operations in China and Thailand. The move aligns with Bekaert’s strategy to strengthen its position in the automotive supply chain across key Asian markets.
Scope of the Bekaert Bridgestone Tire Reinforcement Business Acquisition
Transaction Timeline and Regulatory Conditions
The Bekaert Bridgestone tire reinforcement business acquisition is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions. Upon completion, the acquisition is set to expand Bekaert’s industrial footprint in Asia while ensuring continuity of supply for Bridgestone’s tire production operations.
Scope of the Bekaert Bridgestone Tire Reinforcement Business Acquisition
- The transaction includes a long-term supply arrangement between the two companies along with the transfer of two captive tire cord manufacturing facilities currently operated by Bridgestone. These facilities support tire reinforcement business activities serving regional and global automotive customers.
Transaction Timeline and Regulatory Conditions
The Bekaert Bridgestone tire reinforcement business acquisition is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions. Upon completion, the acquisition is set to expand Bekaert’s industrial footprint in Asia while ensuring continuity of supply for Bridgestone’s tire production operations.
Company Press Release
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