Firestone
Firestone Tires jumped at the chance to collaborate with Pirelli, an Italian global corporation. The layout, on the other hand, did not feel right. This was a major factor in Firestone’s decision to sell to a Japanese firm, Bridgestone Corp. The Japanese company paid $2.6 million, or $80 per share, for it. Bridgestone has ascended to become the country’s second-largest tire maker as a result of this action. “The Bridgestone offer supports our goal of enhancing shareholder value while also considerably improving job security and development possibilities for the men and women employed by Firestone’s current businesses,” a Firestone spokesman told the Los Angeles Times.
Firestone
Gerber
Nestle announced a $5.5 billion acquisition of Gerber Products Company in 2007. As a result, the Swiss multinational now has a monopoly on the infant feeding market. In this industry, you can make a lot of money. Daniel Frank Gerber’s wife started making baby food for their daughter Sally in 1927, and the firm was born. They had five new items on the market as soon as he came up with the marketing idea. Since its humble beginnings in New Jersey, the company has come a long way.
Gerber
