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Aeolus ends direct Pirelli tie-up, signs Pirelli deal with PTG

Author: Stephen Goodchild Comments: 0
Aeolus Tyre will receive patented and proprietary technology that Pirelli has licensed to PTG (Photo: Stephen Goodchild / Tyre Industry Publications Ltd)

Aeolus Tyre Co. Ltd has dissolved its direct license contract with Pirelli Tyre S.p.A. for Industrial segment technology, replacing this agreement with one it signed with Prometeon Tyre Group S.r.l. (PTG) earlier in the month. According to the terms of the new agreement, Aeolus Tyre will receive patented and proprietary technology that Pirelli has licensed to PTG.

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