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Goodyear Tire (GT) has signed a definitive agreement to sell the majority of its Goodyear Chemical business to Gemspring Capital Management. The transaction follows a previously announced ...
Gemspring Capital Management LLC, a Westport-based middle-market private equity firm, has agreed to acquire Goodyear Chemical, The Goodyear Tire & Rubber Co.'s polymer chemicals business.
The Goodyear Tire & Rubber Company (NASDAQ:GT) has agreed to sell most of its chemical business to Gemspring Capital Management in a deal valued at around $650 million. As part of the agreement ...
AKRON, Ohio — Goodyear will sell its chemical business to private equity firm Gemspring Capital for approximately $650 million, continuing a sweeping transformation effort aimed at refocusing ...
Goodyear will sell the majority of its Chemical business to Gemspring Capital Management for approximately $650 million in cash. The divestiture, expected to close by late 2025, is part of ...
The largest U.S. manufacturer of tires for car companies will sell the majority of its Goodyear Chemical arm to private equity firm Gemspring Capital in a deal expected to be finalized late this year.
The acquisition includes two operating plants located in Houston and Beaumont, Texas, and a research and development facility located in Akron, Ohio Goodyear will retain its chemical facilities in ...
Goodyear Tire & Rubber will sell the majority of its chemical business to Gemspring Capital Management for approximately $650 million. Under terms of the deal, expected to close late this year ...
The transaction follows a previously announced strategic review of Goodyear's Chemical business in connection with the Goodyear Forward transformation plan. Goodyear Chemical is a leading producer ...
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