By Patrick Raleigh, ERJ On-line news editor
Akron, Ohio- Goodyear Tire & Rubber Co. is now the sole owner of Sava Tires d.o.o., having acquired Sava dd’s remaining 20-percent in the Kranj, Slovenia-based tyre maker, Goodyear has announced.
The $52-million acquisition, strengthens Goodyear’s position as the No. 2 tyre maker in Europe and enhances its low-cost sourcing capabilities, claimed Robert Keegan, Goodyear’s chairman and CEO.
Sava Tires exports more than 80 percent of its production, mainly to other European countries and is â€œplaying an important role…