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Bandag activities in Turkey acquired by Brisa

Jan, 19 2011

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Bridgestone Europe has sold its Turkish Bandag operations to BRISA, a joint venture of Bridgestone Corporation and Sabanci Holding, for $ 3.6 million.

Until now, the Turkish operations of Bandag were controlled by Bridgestone Europe, following their acquisition of Bandag EMEA in 2008.

“Bridgestone and Bandag strive to reduce the operating costs of fleets by offering a solution package of new tyres, retreads and service. The integration of the Bandag activities within Bridgestone Europe has enabled us to strengthen that package”, commented Akihito Ishii, Director of Truck and Bus tyre division of Bridgestone Europe. “We have always co-operated well with BRISA and Bandag in Turkey, but we believe that this change will enable BRISA and Bandag to enhance their solution package for Turkish fleet operators. At the same time, it will allow us to use our resources to provide an even better service to our network in the rest of Europe.”