Divestiture • Automotive

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

Explore All 458 Divestiture Automotive Deals - Search the Database Free


M&A Deal Summary

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

Target Company

Bridgestone Firestone Venezolana CA

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

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Automotive 1 of 1
Type: Divestiture 1 of 1
Country: Venezuela 1 of 1
Year: 2016 1 of 1

Seller Profile 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 Context for Seller #
Overall 1 of 4
Sector: Automotive 1 of 2
Type: Divestiture 1 of 4
Country: Venezuela 1 of 1
Year: 2016 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 -

Explore Related M&A Activity