Act Legal Romania has advised Yokohama Rubber on the USD 35 million acquisition of an off-the-road tire production facility located in Drobeta-Turnu Severin, Romania.
Yokohama Rubber is a tire manufacturer. According to Act Legal Romania, the acquisition is part of Yokohama’s drive to strengthen its off-highway tire production capabilities in Europe. The transaction was an asset deal conducted within Romanian insolvency proceedings, with the seller being a Romanian company in bankruptcy. The acquired assets, including land, buildings, and production equipment, span approximately 200,000 square meters and were purchased by Yokohama’s local subsidiary, Yokohama TWS Romania.
The Act Legal Romania team included Managing Partner Stefan Botezatu, Partners Stelian Mic, Mihaela Posirca, and Barna Bolonyi, Counsels Ruxandra Listea and Andrei Petre, Senior Associate Lorena Samoila, Associates Andreea Modreanu and Bianca Neagu, and Junior Associate Denisa Valcelaru.
