Gemspring Capital To Buy Goodyear Chemical
By Amit Chowdhry ● May 27, 2025
Gemspring Capital Management (a middle-market private equity firm) announced that an affiliate has entered into a definitive agreement to acquire The Goodyear Tire & Rubber Company's polymer chemicals business. The deal includes two operating plants located in Houston and Beaumont, Texas, and a research and development facility located in Akron, Ohio. Goodyear will retain its Chemical facilities in Niagara Falls, New York, and Bayport, Texas, and its rights to the products produced at such facilities.