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How much might Sumitomo Rubber Industries pay for Dunlop?

Author: Chris Anthony Comments: 0

During an earnings call with investors in mid-February, Sumitomo Rubber Industries (SRI) did the closest thing possible to throwing its hat into the ring when it comes to buying Dunlop tyre brand rights when SRI executives acknowledged their interest in buying Dunlop in Europe and North America. Those rights currently belong to The Goodyear Tire & Rubber Company, which recently announced its intention to position Dunlop as a “strategic player within the high-end value segment of the market” to prevent direct competition against its main Goodyear brand within the premium segment.

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