Alliance Tire Company

Company Overview

Snapshot

Founded in May 1992, Alliance Tire Company operates with over 500 employees. The company was acquired by Yokohama Rubber Co. Ltd. in July 2016.

Business overview

Alliance Tire Company, a subsidiary of Alliance Tire Group (ATG), specializes in the manufacturing of industrial tires. The company offers a comprehensive range of products, including off-highway tires, tractor tires, and specialized tires for logging vehicles, forklifts, and backhoes. Serving customers across 90 countries, Alliance Tire Company operates within the Industrial Technologies sector, focusing on the automotive and industrial manufacturing industries.

Strategic signal

In November 2024, Alliance Tires faced significant operational challenges, including potential layoffs and closure, indicating a critical restructuring period for the company. This development signals to investors a need for close monitoring of the company's strategic direction and market position, especially given its acquired status.

Company Intelligence Q&A

What was a significant acquisition event for Alliance Tire Company?

Alliance Tire Company was acquired by Yokohama Rubber Co. Ltd. in July 2016, as part of a $1.2 billion deal for the Alliance Tire Group.

When did Kohlberg Kravis Roberts acquire Alliance Tire Company?

Kohlberg Kravis Roberts acquired Alliance Tires in April 2013.

What was the status of Alliance Tire Company in November 2024?

In November 2024, Alliance Tires faced potential layoffs and closure.

When did Warburg Pincus acquire Alliance Tire Company?

Warburg Pincus acquired Alliance Tire Company in January 2007.

What investment plans did Alliance Tire Company announce in September 2020?

In September 2020, Alliance Tire announced plans to invest Rs 1,240 crore in a third plant at Visakhapatnam.