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Freshfields advising Yokohama on its $905m acquisition of Goodyear’s off-the-road tire business

Global law firm Freshfields Bruckhaus Deringer (“Freshfields”) is advising The Yokohama Rubber Company, Limited (“Yokohama”) on its acquisition of The Goodyear Tire & Rubber Company’s (“Goodyear”) off-the-road (OTR) tire business for $905 million in cash, subject to customary adjustments. The OTR business being acquired by Yokohama is engaged predominantly in the manufacture and sale of tires for mining and construction machinery. The transaction is subject to customary closing conditions, including receipt of required regulatory approvals.

Read more about this transaction here.

The Freshfields team is led by partners Paul Tiger and Sebastian Fain in New York and Takeshi Nakao and Noah Carr in Tokyo. They are supported by a large cross-border, multidisciplinary team including counsel Enrique Dancausa, senior associates Max Sanders, Marissa Yu and Hugh Goodwin.

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers and other legal professionals deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

Freshfields holds eight global Band 1 rankings from Chambers across antitrustcorporate/M&Alitigationinternational arbitrationemployee benefitstax, public international law, and crisis management. For more information visit our home page.