Titan Going After Other Denman Assets

Titan Tire is reportedly bidding to acquire additional assets from the defunct Denman Tire, reports Tire Review. Reports say that Titan bid nearly $1.5 million to acquire some equipment and stock from the bankrupt and dissolved company. No land or buildings are part of the deal.

In early June, Titan bid $4.4 million to acquire the Denman Tire name, tyre specifications, patents, molds, various bladder tooling and customer lists. That deal didn’t include any machinery, land or buildings.