Marangoni Group returns to tyre retail business
The Marangoni Group has return to the specialist tyre retail business – a sector it excited roughly three years ago. As reported by our Italian sister company PneusNews.it, the group best known for its extensive retreading heritage, recently took over the company La Genovese gomme (LGg). The tyre retail chain runs five locations in Sardinia (specifically Sassari, Oristano, Olbia, Macomer and Elmas) and together with the production of retreaded tyres to support them. LGg also makes retreads at its Elmas locations “using the best possible materials”.
La Genovese gomme (LGg) was taken over by Fintyre in April 2018 after the Cagliari-based company was taken by Marangoni in 2016 along with the Pneusmarket branch organization (40 locations) under the umbrella of Marangoni’s retail holding company, Tire Retail. After a settlement procedure started there last year, Fintyre has started to sell its retail locations.
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