Yokohama Expands European Operations with Romanian Acquisition
Deal News | Jun 10, 2025 | CEE Legal Matters
Yokohama Rubber, a prominent tire manufacturer, has expanded its European operations through the strategic acquisition of an off-the-road tire production facility in Drobeta-Turnu Severin, Romania. This USD 35 million asset deal was managed under Romanian insolvency proceedings, with the assets acquired from a bankrupt Romanian company. The transaction strengthens Yokohama's off-highway tire production capabilities, marking a substantial enhancement in their European manufacturing footprint. Act Legal Romania, led by Managing Partner Stefan Botezatu, provided legal advice for the transaction. Yokohama's local subsidiary, Yokohama TWS Romania, will now integrate the acquired assets, which include expansive land, buildings, and production equipment, into its operations.
Sectors
- Automotive & Tire Manufacturing
- Legal Advisory Services
- Insolvency and Restructuring
Geography
- Romania – The transaction took place in Romania, with the acquisition involving a production facility located in Drobeta-Turnu Severin, engaging local legal and business frameworks.
- Japan – Yokohama Rubber is a Japanese corporation, expanding its European operations through this acquisition.
- Europe – The acquisition strengthens Yokohama's production capabilities in Europe, targeting the European tire market.
Industry
- Automotive & Tire Manufacturing – Yokohama Rubber operates within the tire manufacturing sector, a crucial part of the automotive industry, particularly in off-the-road and specialty tire production.
- Legal Advisory Services – Act Legal Romania provides legal consultancy, playing a critical role in facilitating complex corporate transactions such as acquisitions.
- Insolvency and Restructuring – The acquisition occurred under Romanian insolvency proceedings, highlighting the role of insolvency law in asset acquisition transactions.
Financials
- USD 35 million – The purchase price for the acquisition of the off-the-road tire production facility in Romania.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Yokohama Rubber | Acquirer | Company | A global tire manufacturer focused on expanding its off-highway tire production in Europe. |
| Unnamed Romanian Company | Seller | Company | A Romanian company in bankruptcy proceedings, from which Yokohama acquired the assets. |
| Act Legal Romania | Legal Advisor | Company | Provided legal advice to Yokohama Rubber for the acquisition transaction. |