You are here: / CTS

Posts

CTS Group set to issue 400 million krone bonds

Circular Tire Services Europe Holding AB (publ) (CTS) is planning to issue subsequent bonds worth 400 million Swedish krone (£30.527 million; 36.233 million euros;  US$39.517) under the company’s existing 2024/2029 senior secured callable floating rate bond. Following the subsequent bond issue, a total of 1.7 billion krone will be outstanding under the bond. The proceeds will be used for “general corporate purposes”, a term that includes “acquisitions and investments”.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Däckhuset i Norrland makes a hattrick of CTS members
  2. CTS Group raises 112 million euros to back growth
  3. CTS: Däckson i Karlskoga and Nya Gummicentralen i Kristinehamn join
  4. Robbans Däck i Ronneby joins CTS Group
/by

Ringreparationer i Kinna joins CTS, group now totals 50 locations

With the Circular Tire Services group (CTS) continuing to expand, Ringreparationer i Kinna has become the latest addition bringing the network to a total of 50 locations across Norway, Sweden and Finland. Ringreparationer i Kinna is a leading tyre service company in western Sweden, serving traffic in between Gothenburg, Borås and Varberg. Kinna was founded by Tomas Runesson in 1990 and under his leadership the company has successfully grown to three tire shops in Skene, Bollebygd and Kinna and now serves customers across all vehicle types. Along the way, the Tomas has built several longstanding customer relationships.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Robbans Däck i Ronneby joins CTS Group
  2. Hexpol buys Berwin Group for £25 million
  3. Compilator buys Team Systems
  4. Aiming for the top 10: Sailun developing five-year plan to climb global rankings
/by

Robbans Däck i Ronneby joins CTS Group

Robbans Däck i Ronneby has announced its accession to CTS. Robbans Däck was founded by Robert Magnusson in his garage in 2003. Måns Mathiasson took over the day-to-day management in 2019, having started already back in 2006. Under his stewardship, Robbans Däck has grown to become a leading service provider in Blekinge, establishing many longstanding customer relationships along the way. Today the company serves customers across all vehicle types, throughout Blekinge, from its workshop in Ronneby.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. ZC Rubber and DSV agree 10-year partnership extension
  2. CTS: Däckson i Karlskoga and Nya Gummicentralen i Kristinehamn join
  3. Ringreparationer i Kinna joins CTS, group now totals 50 locations
  4. Linglong China Truck Racing Championship concludes
/by

CTS: Däckson i Karlskoga and Nya Gummicentralen i Kristinehamn join

Däckson i Karlskoga and Nya Gummicentralen i Kristinehamn have become the latest Nordic tyre businesses to announce their accession to CTS. The companies will continue to operate under the same name and with the same team. Founder Johan Övelius and the rest of the team will remain operational in the companies and co-owners of CTS.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Gummicentralen Säffle joins CTS
  2. Ingers Däck joins CTS
  3. Däckhuset i Norrland makes a hattrick of CTS members
  4. Nacka-Värmdö joins CTS
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.