Goodyear sells Dunlop brand to Sumito Rubber Industries for $701 million

The Goodyear Tire & Rubber Company has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries (SRI). The agreement comprises trademarks and intangible assets necessary for operations of the brand business in Europe, North America, and Oceania for consumer, commercial, and other specialty tires together with certain associated intellectual property. 

Goodyear sells Dunlop brand to Sumito Rubber Industries for $701 million
The Goodyear Tire & Rubber Company has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries (SRI). The agreement comprises trademarks and intangible assets necessary for operations of the brand business in Europe, North America, and Oceania for consumer, commercial, and other specialty tires together with certain associated intellectual property.