Goodyear Signs Contract to Sell Dunlop to Sumitomo Rubber
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Goodyear Tire & Rubber Company (GT) has signed a definitive agreement to sell the Dunlop brand, including trademarks and intangible assets, to Sumitomo Rubber Industries.
January 09, 2025 | 5:00 pm
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Goodyear has agreed to sell the Dunlop brand to Sumitomo Rubber, which includes trademarks and intangible assets. This divestiture could streamline Goodyear's operations and potentially improve its financial position.
The sale of the Dunlop brand to Sumitomo Rubber is a significant move for Goodyear, as it involves the transfer of trademarks and intangible assets. This could lead to a more focused business strategy and potentially enhance Goodyear's financial health.
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