DTM management join Caledonia Investments to acquire tyre management firm
Direct Tyre Management Limited (DTM) is under new ownership. Self-managed investment trust company Caledonia Investments plc has acquired a majority stake in the independent outsourced fleet tyre management services provider for £55 million. The DTM management team has reinvested alongside Caledonia to obtain 100 per cent of the business from investors, including Palatine Private Equity.
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GB Tyres becomes exclusive UK dealer for Advance Tyre agricultural products
GB Tyres (UK) Ltd has been appointed exclusive distributor of Advance Tyre agricultural products in the UK. The company views this arrangement as a milestone that will allow it to provide a wider range of quality products for the agricultural market.
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Institute of Master Tutors becomes TyreSafe partner
UK tyre safety charity TyreSafe has commenced a new partnership with the Institute of Master Tutors of Driving (IMTD). TyreSafe views this collaboration as a further enhancement of its mission to raise awareness of tyre safety, amplifying its impact within the road safety community.
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Hankook: SmartFlex AL51 and DL51 tyres designed for regional and long-distance
As the logistics and transport industry becomes increasingly more competitive and challenging, Hankook is taking on the challenge with its expanded tyre portfolio for regional and long-haul vehicles with the addition of two new truck tyres suitable for both long-distance and regional transport. The Hankook SmartFlex AL51 for the steering axle and an all-position tyre and the new Hankook SmartFlex DL51 for the drive axle are specifically designed to meet these hybrid distance requirements.
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Vredestein summer, winter and all-season tyres OE on new Mini Cooper
BMW Group has selected a range of Vredestein summer, all-season and winter tyres as original equipment (OE) for the Cabrio, three- and five-door variants of the new Mini Cooper.
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Read or download Tyres & Accessories Magazine August 2024 issue
In the August 2024 issue of Tyres & Accessories are special features on the online tyre business and all-season and winter tyres. The issue is now available as an e-paper for subscribers to Tyrepress. The issue also features the inside story on Yokohamas latest acquisition in the OTR tyre sector, as it brings Goodyears specialist division into the fold. Non-subscribers can gain access to Tyrepress with a print or online subscription. Tyre professionals can take advantage of the current Tyrepress Membership offer, helping to drive business online and stay informed with the industry’s leading magazine and websites.
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PAVE names new UK head of business development
Phil Deegan has been appointed UK Head of Business Development at PAVE, the AI-based inspection platform. With almost 40 years in the automotive industry, Deegan is experienced in creating and driving business strategy and change management.
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Straightset: a versatile tyre changer can increase operational efficiency
In the bustling world of tyre shops, garages and MOT stations, where every minute counts and customer satisfaction hinges on delivering a quick, efficient service, the equipment used to enable the garage to deliver these services, becomes as pivotal as the operators themselves. Among these, the tyre changer stands as a cornerstone piece of equipment. Investing in a high-spec, versatile tyre changer is a strategic decision that pays dividends in the form of increased operational efficiency, reduced errors and damage, and enhanced customer satisfaction, according to Straightset.
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Neil Tickle joins Stone Tyres
Neil Tickle has joined Stone Tyres as depot manager for St Helens. Writing on social media, Stone Tyres founder and director John Stone wrote “…I havent brought a manager in to push sales, just to continue to offer the customer the best service at the best price every time.
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Tim Hercock dies suddenly
Tim Hercock, who was managing director of well-known Grantham-based retread manufacturer Vacu-Lug, died recently. Summing up the feelings of many colleagues, on 2 August 2024, John Chatfeild-Roberts, High Sheriff of Leicestershire 2024-25 wrote: “Deeply saddened to learn of Tim’s sudden death. High Sheriff in 2019-20, he was a glass half-full man, seriously competent and widely loved. An absolute tragedy. Rest in Peace.”
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Solving pothole crisis should be top priority for new government – Startline Used Car Tracker
Almost all motorists (96 per cent) say solving the potholes crisis should be the number one priority for the new Labour government, according to new research. August’s Startline Used Car Tracker also shows that 92 per cent would like to see fairer fuel prices, 91 per cent lower insurance costs, 85 per cent better public transport and 81 per cent more road building to ease congestion.
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Malvern Tyres buys Just Tyres
The Tyre Group, which is best known for its Malvern Tyres-branded chain of tyre retail centres, has bought Just Tyres. Financial details have not been released, but Tyres & Accessories understands that the acquisition demonstrates how the top 10 tyre retailer has come of age as a national-level operation and illustrates something of its ongoing plans for development.
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Point S sponsors Solihull Moors F.C.
Point S Tyre & Autocare has agreed a multi-year sponsorship deal with Solihull Moors F.C. The network has become the professional football club’s official sleeve sponsor for the 2024/25, 2025/26, and 2026/27 seasons, and will display its branding across the ARMCO Arena.
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TRA briefing sessions announced
Following the news that George Eustice, director, Penbroath Ltd and former secretary of state for the Environment, Food & Rural Affairs 2020-2022 will be keynote speaker at the 2024 TRA briefing, the Tyre Recovery Association has revealed details of the rest of the sessions on 24 September 2024.
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Ipswich Buses signs three-year deal with Michelin
Ipswich Buses has signed a new three-year contract with Michelin’s Services & Solution division, switching from “a rival tyre manufacturer” due to the longevity and performance of the Michelin product, plus the added value from its multi-life policy. The exclusive agreement will see Michelin supply, fit and manage all the tyres across Ipswich Buses’ 75-strong fleet of single- and double-deck buses, plus a small number of coaches.
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