• All
  • Transaction Details
Global, Industrials | Mergers & Acquisitions, Restructurings

GPX Completes Bankruptcy Sale of Solid Tire Unit

  • GPX International Tire Corp., a leading global provider of specialty “off-the-road” (OTR) tires, filed for bankruptcy and retained TM Capital to pursue restructuring alternatives
  • TM Capital assisted GPX in completing the sale of its Solid Tire unit and Chinese manufacturing operations to an investor group
  • In aggregate, TM Capital assisted GPX in completing three Section 363 bankruptcy sales of its business units totaling almost $100 million in value

has sold its Solid Tire business and manufacturing facilities in China, Maine and Pennsylvania to

GPX Completes Bankruptcy Sale of Solid Tire Unit

TM Capital assisted GPX International Tire in completing the bankruptcy sale of its Solid Tire Division to an investor group

Details

For more information, contact our industrials team at:

industrials@tmcapital.com

Client Testimonial

TM Capital's focus, dedication and skill were key to our successful and timely completion of these complex transactions despite unprecedented challenges in the markets we serve.”
 Craig Steinke, CEO, GPX International Tire Corp.