MergerLinks Header Logo

Announced

Completed

Cooper Tire completed the acquisition of the remaining 42% of Corporacion de Occidente.

Synopsis

Cooper Tire, an American company that specializes in the design, manufacture, marketing and sales of replacement automobile and truck tires, completed the acquisition of the remaining 42% of Corporacion de Occidente, its tiremaking, Mexico-based joint venture with TRADOC. Financial terms were not disclosed. “Full ownership of COOCSA is an important step in our strategic plan to optimize our global manufacturing footprint with cost-competitive production of quality tires to meet market demand, in this case throughout Latin America, as well as in North America,” Brad Hughes, Cooper President & Chief Executive Officer.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US