Sumitomo to Acquire Dunlop Trademark Rights in Europe, Others
Tokyo, Jan. 8 (Jiji Press)--Japan's Sumitomo Rubber Industries Ltd. said Wednesday that it will acquire Dunlop trademark rights in Europe, North America and Oceania for 526 million dollars from U.S. giant Goodyear Tire & Rubber Co.
The deal will allow Sumitomo Rubber to sell Dunlop four-wheel tires in most parts of the world. At present, the company sells Dunlop tires in Asian economies including Japan.
(2025/01/08-21:10)
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