The Yokohama Rubber Co Ltd recently announced that it has acquired the fixed assets (land, building, and OTR tyre production machinery) of a closed plant located in Romania for US$35 million through its off-highway tyre (OHT) subsidiary Yokohama TWS Romania SRL.
The plant in Drobeta-Turnu Severin was previously operated by Eurotire which filed for insolvency in 2018 and finally went bankrupt in January 2025 but had previously supplied radial mining and construction tyres from the facility both for its own brand and in collaboration with other companies including Continental AG, which produced ContiEarth tyres there.
The acquisition is a follow-up to Yokohama’s acquisition of The Goodyear Tire & Rubber Company’s OTR business, a strategic investment aimed at achieving ‘Hockey Stick Growth’ during Yokohama Transformation 2026 (YX2026), the company’s medium-term management plan for fiscal years 2024–2026. The purpose of the acquisition is to increase the group’s production capacity of mining & construction machinery tyres in Europe.
The acquisition is a key part of Yokohama Rubber’s effort to expand its OHT product lineup and its production and supply capabilities in all OHT categories, including tyres for mining & construction machinery, as it seeks to strengthen its market position and competitiveness in the OHT business and enhance its corporate value.
The post Yokohama acquires former Eurotire mining tyre plant in Romania appeared first on International Mining.