M&A Deal Summary

Goodyear Tire & Rubber, Mitsubishi and Toyo Tire Acquire Nippon Giant Tire Co.

On January 1, 1985, Goodyear Tire & Rubber, Mitsubishi and Toyo Tire acquired manufacturer Nippon Giant Tire Co.

Acquisition Highlights
  • This is Goodyear Tire & Rubber’s 1st, Mitsubishi’s 1st and Toyo Tire’s 1st transaction in the Manufacturing sector.
  • This is Goodyear Tire & Rubber’s 1st, Mitsubishi’s 1st and Toyo Tire’s 1st transaction in Japan.

M&A Deal Summary

Date 1985-01-01
Target Nippon Giant Tire Co.
Sector Manufacturing
Buyer(s) Goodyear Tire & Rubber
Mitsubishi
Toyo Tire
Deal Type Joint Venture

Target

Nippon Giant Tire Co.

Tatsuno, Japan
Nippon Giant Tire (NGT) is a wholly owned subsidiary of Goodyear. It is based in the Tatsuno area of Japan and manufactures Off-The-Road (OTR) tires in its high-technology facility for Goodyear's customers.

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Buyer(S) 3

Buyer

Goodyear Tire & Rubber

Akron, Ohio, United States

Category Company
Founded 1898
Sector Automotive
Employees68,000
Revenue 18.9B USD (2024)
DESCRIPTION
Goodyear's headquarters in Akron, Ohio.
Goodyear's headquarters in Akron, Ohio.

Goodyear Tire & Rubber is a manufacturer of tires for automobiles, commercial trucks, light trucks, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery. Goodyear Tire & Rubber was founded in 1898 and is based in Akron, Ohio.


DEAL STATS #
Overall 1 of 5
Sector: Manufacturing M&A 1 of 2
Type: Joint Venture M&A Deals 1 of 1
Country: Japan M&A 1 of 2
Year: 1985 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-25 Eliokem International SAS

Villejust, France

Eliokem International SAS is a manufacturer and marketer of speciality chemicals used in paints, masonry coatings, rubber, plastic, printer toners, textiles and latex.

Sell -
Buyer

Mitsubishi

Tokyo, Japan

Category Company
Founded 1950
Sector Diversified
Employees62,062
Revenue 18.62T JPY (2025)
DESCRIPTION

Mitsubishi is a diversified holding company that engages in global environmental & infrastructure, business service, industrial finance, logistics & development, energy business, metals, machinery, chemicals, and living essentials business. Mitsubishi was founded in 1950 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 16
Sector: Manufacturing M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 2
Country: Japan M&A 1 of 4
Year: 1985 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Japan Australia LNG Pty.

Perth, Australia

apan Australia LNG (MIMI) Pty. Ltd. develops, produces, transports and sells natural gas, condensate, crude oil, and LPG.

Buy -
Buyer

Toyo Tire

Itami City, Japan

Category Company
Founded 1945
Sector Manufacturing
Employees10,410
Revenue 565.4B JPY (2024)
DESCRIPTION

Toyo Tire is a tire manufacturing company that develops, produces, and markets passenger car, SUV, light truck, and commercial truck tires. Toyo Tire was founded in 1945 and is based in Itami City, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 1985 M&A 1 of 1