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Yokohama Rubber Closes Acquisition of Alliance Tire Group for $1.2 Billion
- Client News
- July 4, 2016
Paul, Weiss client The Yokohama Rubber Co., Ltd. announced that it has completed its acquisition of Alliance Tire Group for $1.2 billion in cash. Yokohama Rubber is a leading global tire manufacturer headquartered in Tokyo. Alliance Tire Group, which manufactures off highway tires for agriculture, construction and forestry machinery and sells them in 120 countries, is a portfolio company of Kohlberg Kravis Roberts & Co.
The Paul, Weiss team included, among others, M&A partners Tarun Stewart and Kaye Yoshino and counsel Ji Lu and Chikara Momota; finance partner Dale Sarro; tax partner David Sicular; intellectual property partner Charles Googe; environmental counsel William O'Brien; and antitrust counsel Marta Kelly.