Apollo Tyres to acquire Cooper Tire & Rubber Company

Apollo Tyres is likely to acquire the US headquartered Cooper Tire & Rubber Company. This will make the company a global player with 14 plants spread across India, the United States, China, Europe and Mexico. Cooper Tire & Rubber Company is specialized in the design, manufacture, marketing and sales of replacement automobile and truck tyres, and subsidiaries that specialize in medium truck, motorcycle and racing tyres.

Apollo Tyres produces the entire range of automotive tyres for ultra and high speed passenger cars, truck and bus, farm, off-the-road, industrial and specialty applications like mining, retreaded tyres and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa.