---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-125113"
form_type: "8-K"
ticker: "GT"
cik: "0000042582"
company_name: "GOODYEAR TIRE & RUBBER CO /OH/"
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T19:16:36.499689+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Goodyear sells Chemical business to Gemspring for $650M; expected close by late 2025

## Summary
- Goodyear Chemical business sale to Gemspring Capital Management for ~$650M cash.
- Assets sold: chemical plants in Houston and Beaumont, TX, and R&D facility in Akron, OH.
- Goodyear retains Niagara Falls, NY and Bayport, TX facilities; includes long-term supply agreement.
- Proceeds to reduce leverage and fund Goodyear Forward transformation plan.
- Transaction subject to regulatory approval; expected close by late 2025.

## SEC filing metadata
- accession: 0001193125-25-125113
- form_type: 8-K
- ticker: GT
- cik: 0000042582
- company_name: GOODYEAR TIRE & RUBBER CO /OH/
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42582/000119312525125113/0001193125-25-125113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42582/000119312525125113/d941907d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-125113
- JSON: https://secwatch.observer/filing/0001193125-25-125113.json
- Plain text: https://secwatch.observer/filing/0001193125-25-125113.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.