News from Notch Consulting, Inc.

December 3, 2013

Yokohama and Kumho sign MOU for strategic alliance

Filed under: Tires — Notch @ 7:00 am

On November 29, Yokohama Rubber Co. Ltd. and Kumho Tire Co. Inc. signed a memorandum of understanding to start discussions to share research and development efforts, and to enter into a capital alliance through cross-shareholdings. According to Yokohama, the agreement will increase competitiveness and enhance their future growth potential in the global tire market by making more effective use of research efforts. Yokohama Rubber and Kumho plan to work out the details of the alliance as soon as possible, including methods for obtaining each other’s shares, the size of shareholdings, and the timing of acquisition.

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a free website or blog at

%d bloggers like this: