Bridgestone to sell Shenyang TBR plant to Sailun

Sailun (Shenyang) Tire Co., Ltd., a wholly-owned subsidiary of the Sailun Group, has agreed to purchase 100 per cent equity in Bridgestone (Shenyang) Tire Co., Ltd. (BSSY), Bridgestone Corporation’s truck and bus radial (TBR) tyre manufacturing operation in China.

A purchase price of CNY 265 million (c.€31.9 million) has been disclosed by Bridgestone, with a planned closing date of 31st July, 2025.

Production at the Shenyang facility halted at the end of 2023, shortly before Bridgestone officially announced that it would exit the TBR market in China to concentrate on passenger car tyres.

Bridgestone this week said the sale of BSSY will only have a “minor” impact on its consolidated financial results for 2025.