Gummi-Mayer Goes to Viborg

Assuming the approval of the Competition Commission, the Danish tyre dealer and retreading company Viborg Gruppen together with the British Legal & General Ventures Limited (LGV) will take over all the tyre distribution activities (150 service centres) of Gummi-Mayer retrospectively from 30th September 1999. The integration of Gummi-Mayer into the existing companies of Viborg Gruppen will create the largest independent distribution and service company in the European tyre business. At the beginning of the year Viborg/LGV took over the tyre distribution activities of Stinnes AG in Germany, Holland, France, Austria and Switzerland and now has a close-knit Europe-wide service net.

The sale includes all domestic tyre distribution and service activities trading in Germany under the names Gummi-Mayer and Autechna. All employees will be retained by Viborg, which has the right to the use of the Gummi-Mayer name initially for a period of ten years. Pending the approval of the Competition Commission, Gummi-Mayer will continue to be run by Hans and Franz Mayer.

After the incorporation of Gummi-Mayer Viborg Gruppen will have a turnover of nearly 1.4 billion marks with more than 3,000 employees..