In a new move to expand their business, Yokohama Rubber Company have acquired off-road tyre specialists Aichi Tyre. An agreement has been signed between Yokohama and Aichi Tyre Industry Co., Ltd. regarding the planned acquisition of the latter by the former. It is said that the acquisition will be completed by the month of March, 2017. After this Aichi Tyre will become the wholly owned subsidiary of Yokohama Rubber Company.
Aichi Tyre is headquartered in Komaki, in Japan. Aichi Tyre’s products include solid tyres and press-on tyres. The company supplies those tyres to an extensive clientele of industrial machinery manufacturers, mainly in Japan. The company achieved net sales of ¥7.4 billion (£51.5 million) and an operating of ¥590 million (£4.1 million) during the last financial year in 2016.
Author: Ankit verma
My need for speed began at a very early age and I realised this as soon as I got my first bicycle at the age of 8. When all the other kids would break downhill I would pedal harder just to go faster and enjoy the thrill. Adding to my interest for speed, I grew engrossed in the working mechanics of two wheelers thanks to my father as he is a hydraulic mechanic and would take me along with him on his repair sessions. Eventually I became familiar with the tools and basic technical concepts of two wheelers.Super sport and sport tourers are more of my liking and the sparks to these flames were ignited the first time I experienced the maddening power of a Yamaha YZF R1. I was just 14 years old at the time and got to ride as a pillion with an older acquaintance. This one short ride influenced my every decision in terms of the bikes I want to own. As of today I’m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life.
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