M&A Deal Summary

Corimon C.A Acquires Bridgestone Firestone Venezolana CA

On May 23, 2016, Corimon C.A acquired automotive company Bridgestone Firestone Venezolana CA from Bridgestone Americas

Acquisition Highlights
  • This is Corimon C.A’s 1st transaction in the Automotive sector.
  • This is Corimon C.A’s 1st transaction in Venezuela.

M&A Deal Summary

Date 2016-05-23
Target Bridgestone Firestone Venezolana CA
Sector Automotive
Buyer(s) Corimon C.A
Sellers(s) Bridgestone Americas
Deal Type Divestiture

Target

Bridgestone Firestone Venezolana CA

Los Guayos, Venezuela
Bridgestone Firestone Venezolana CA is an automotive and commercial vehicle original equipment manufacturer.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Corimon C.A

Caracas, Venezuela

Category Company
Founded 1949
Sector Diversified
DESCRIPTION

Corimon C.A (The Corimon Group) is a producer of a wide variety of industrial products related to the world of paintings, chemical products and flexible packaging.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Venezuela M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Bridgestone Americas

Nashville, Tennessee, United States

Category Company
Founded 1990
Sector Automotive
DESCRIPTION

Bridgestone Americas engages in tire manufacturing and wholesale and original equipment sales operations across a broad line of products, including consumer, commercial truck and bus, agricultural, and off road tires.


DEAL STATS #
Overall 1 of 4
Sector: Automotive M&A 1 of 2
Type: Divestiture M&A Deals 1 of 4
Country: Venezuela M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 TireConnect Systems

Richmond Hill, Ontario, Canada

TireConnect Systems is a software company that supports tire dealers and distributors in North America (primarily Canada) with a turn-key, online tire sales tool featuring ecommerce capabilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-15 Speedco

Nashville, Tennessee, United States

Speedco, Inc. is a national network of service locations that provides quick lube and inspection services to the trucking industry. Speedco was founded in 1993 and is based in Nashville, Tennessee.

Sell -