Eastwood Tyres acquisition extends Camoplast Solideal’s Asia Pacific footprint

Camoplast Solideal Inc. has acquired New Zealand-based distributor Eastwood Tyres. The deal, Camoplast Solideal’s first bricks and mortar venture in the country, sees it assume immediate responsibility of the Eastwood facility in Auckland, including all staff, inventory, receivables, and equipment.

Building off Eastwood’s established network, the business will continue to grow its material handling and construction tyre distribution business by “providing the right tyre, for the right application at the right time.” Eastwood’s existing material handling service footprint will also be utilised to expand the Camoplast Solideal service network throughout New Zealand.

“We are committed to being the global reference in delivering enhanced mobility solutions for the off-the-road market,’’ says Gregory Fossey, vice-president and CEO Asia-Pacific at Camoplast Solideal. “We are always on the lookout for businesses willing to join us and help achieve this goal.”

Eastwood Tyres was founded in 1969, and prior to the acquisition distributed Camoplast Solideal products in New Zealand for a quarter century. “We look forward to continuing a strong relationship with Eastwood. As one team, we will deliver superior, reliable products and services for real needs and applications for our clients,” adds Fossey.

At present, Eastwood Tyres is agent for the Adtrak, Arnco, Deestone, Elastomeric, Magnum, Mega-T, Hauler, Primewell, Solideal and Rader-Vogel brands.