A Dec. 14, 2021, article from Tyrepress reported Yokohama Tire bid around $2 billion dollars for Trelleborg Wheels Systems, according to "sources close to the bid." The report states the sources said, "Yokohama is currently in a due diligence process that is likely to be completed during the next month or so."
A following Jan. 4 article from Tyrepress reported Trelleborg Wheels Systems' parent company Trelleborg AB as saying, “external parties have shown interest to acquire Trelleborg’s business area Trelleborg Wheel Systems."
Click here to view Ag Equipment Intelligence's expanded coverage of the potential acquisition, including commentary from Titan International Chairman Morry Taylor.