Yokohama completes ATG acquisition and reveals management changes

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Yokohama completed the acquisition of the Alliance Tire Group earlier this month. Yokohama first announced the agreement to purchase ATG on March 25, 2016.

ATG will be included in Yokohama’s consolidated accounts from the Q3 of fiscal year 2016 (ending December 31, 2016), and the expected impact on the company’s full-year consolidated financial statements will be announced as soon as possible.

Meanwhile Toru Kobayashi is now the executive VP and chairman of Alliance Tire Group.

More information on the acquisition is available here.

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Rachel's career in journalism began around five years ago when she started working for UKi Media & Events, having recently graduated from Coventry University where she studied the subject. Her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the ground-breaking technologies and innovations that are shaping the future of the automotive and tire industries.

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