Yokohama Rubber Co. Ltd. bought farm and OTR tire maker Alliance Tire Group B.V. (two factories in India and one in Israel) for $1.18 billion; ATG reported $529 million in sales and $95 million in operating profit in fiscal 2015. Group Michelin acquired Levorin Pneus e Camaras, a Brazilian manufacturer of bicycle and motorcycle tires, for an undisclosed sum. Levorin generated sales of $155 million last year with 2,000 employees at plants in Sao Paulo and Manaus, Brazil, Michelin said. Tire repair materials producer Technical Rubber Co. Inc. acquired Salvadori S.r.l., an Italian supplier of tire, retread and industrial rubber repair products and producer of equipment used in converting scrap tires and plastics to usable products. The acquisition will add rubber recycling to Tech Rubber's business mix.