Bridgestone sells Bunda Turkey to BRISA
Bridgestone Europe recently sold its Turkish Bandag business to BRISA, a joint venture between Bridgestone and Sabanci, for $3.6 million.
Akihito Ishii, Director of Bridgestone's European Truck & Bus Tyre Division, said: "This transaction will enable BRISA and Benda to further provide Turkish customers with high quality products while enabling us to provide better services to customers in other European markets."
Bridgestone Europe is headquartered in Brussels, Belgium and is part of Japan's Bridgestone Corporation. Bridgestone Europe has a research and development center and eight factories, and has established offices in more than 30 European countries with 13,000 employees.
Bridgestone Europe produces high-end tires that are marketed in Europe and around the world and even exported to Japan. Bridgestone is the world's largest supplier of tires and rubber products. One of every five cars in the world uses Bridgestone tires.
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