Goodyear to acquire Ventech Systems from Grenzebach Maschinenbau

Goodyear has agreed to acquire Ventech Systems GmbH, a leader in automated tyre inspection technology, from Grenzebach Maschinenbau GmbH. The company was founded in 2006 and offers a fully-automated tyre inspection system that checks tyre pressure, tread depth and vehicle weight for buses, trucks, cars and other vehicles. The transaction is expected to close in the fourth quarter. The business and technology will be integrated into the company’s Goodyear Proactive Solutions business.

“Over the past three years, our Goodyear Proactive Solutions business has collaborated with Ventech Systems to integrate its data gathering and analysis capabilities into our fleet management solution,” said Christopher Helsel, Goodyear vice president and chief technology officer. “Feedback from our fleet customers has been excellent, and we view this as an important opportunity to enhance our service and value proposition for customers.”

“Goodyear and Ventech Systems are both companies founded and driven by innovation,” said Andreas Pietsch, Ventech Systems chief operating officer and business manager. “Goodyear’s strong market presence enables additional worldwide growth opportunities for Ventech Systems. We are excited to support Goodyear’s fleet customers with our unique technology in terms of process optimization, business efficiency and road safety.”

According to Goodyear, the acquisition of Ventech Systems will “further expand Goodyear Proactive Solutions’ commercial offerings with an efficient, user-friendly closed loop service enabling fleet operators to measure tyre pressure, tread depth and vehicle weight on all their vehicles each time they enter or exit their depot.”

Earlier this month Goodyear announced that it is equipping Tesloop, a city-to-city mobility service that exclusively uses Tesla electric vehicles, with wireless sensors in its tyres to improve overall tire management and maximize uptime for its growing fleet.