The Goodyear Tire & Rubber completed the acquisition of Raben Tire from Palladium Equity Partners.

The Goodyear Tire & Rubber, an American tire company, completed the acquisition of Raben Tire from Palladium Equity Partners, a middle-market private equity firm. Financial terms were not disclosed. “The addition of Raben further expands our network and strengthens Goodyear’s ability to serve fleets. Goodyear is already one of the world’s largest operators of commercial truck service and retreading centers and has nearly 800 company-owned commercial and retail tire and auto service centers across the US and Canada,” Dave Beasley, Goodyear North America Commercial Vice President.