On May 24, 2023, PRK Partners announced that Yokohama Rubber’s acquisition of Trelleborg Wheel Systems (reported by CEE Legal Matters on April 13, 2022) had closed.
According to PRK Partners, Yokohama Rubber has acquired the entire wheel systems business of Sweden-listed Trelleborg for an enterprise value of over EUR 2 billion.
Yokohama Rubber is a tire manufacturing company based in Japan. Trelleborg Wheel Systems is engaged in the manufacture and sale of off-highway tires for agricultural and forestry machines, material handling, construction vehicles, motorcycles, and other specialty segments.
As previously reported, BDK Advokati and PRK Partners, working with Freshfields, had advised Yokohama on the acquisition of Trelleborg Wheel Systems Holding from Sweden's Trelleborg AB.
PRK Partners' updated team included Partners Radan Kubr and Jaroslav Skubal and Senior Associate Katerina Hajkova.
The BDK Advokati team included Partner Milan Dakic and Senior Associates Djordje Zejak and Marija Gligorevic.
