Goodyear targets ‘beginning of 2023’ for full Cooper Tire integration

Akron, Ohio – Goodyear Tire & Rubber Co. has announced that it is “on track” with the full integration of Cooper Tire into its operations, a year after the $2.5-billion (€2.1 billion) acquisition on 7 June 2021.

"I’m pleased to share that we remain on track to deliver the full value of this integration in 2023,” said Ryan Patterson, Goodyear’s chief operating officer and integration officer, in a letter to dealers.

“Towards the beginning of next year, you can expect that, when you do business with Goodyear, you will have access to a single operating system, combined sales force, and an integrated brand and product portfolio,” said Patterson.

With the full merger, Patterson said, the tire maker will be “positioned to become a stronger US leader in the global tire industry.”