Marubeni buys controlling stake of Radial Llantas
Marubeni Corporation (Marubeni) has raised its stake in Mexican tyre distributor Radial Llantas S.A.P.I. de C.V. (RL). Marubeni initially bought a 49 per cent shareholding in RL back in 2016. On 21 August 2023, Marubeni confirmed that it now owns 80 per cent of RL thereby making RL a subsidiary of Marubeni.