Firestone
Firestone Tires leaped at the opportunity to partner with Pirelli, an Italian multinational business. On the other hand, the arrangement did not feel right. This was a primary motivation for Firestone’s decision to sell to a Japanese company, Bridgestone Corp. The Japanese firm acquired it for $2.6 million, or $80 per share. As a result of this move, Bridgestone has risen to become the country’s second-largest tire manufacturer. “The Bridgestone offer advances our objective of increasing shareholder value and significantly improves employment security and development opportunities for the men and women employed by Firestone’s current operations,” a Firestone spokesman told the Los Angeles Times.
Firestone
Gerber
In 2007, Nestle announced its plan to acquire Gerber Products Company for $5.5 billion. As a result, the Swiss conglomerate now controls the majority of the infant food market. You may earn a lot of money in this industry. The company began in 1927, when Daniel Frank Gerber’s wife began manufacturing baby food for their daughter Sally. As soon as he came up with the marketing idea, they had five new products on the market. The company has come a long way since its humble origins in New Jersey.
Gerber
