Oak Tyres, part of Oak Group Holdings, has partnered with Linglong Tire to exclusively distribute its products across the UK and Ireland. According to the company, the new partnership and extension of Oak’s brand portfolio is “a strategic move to facilitate growth, whilst reacting to increased market demand in the value tyre category”.
King Tyre claims credit as the first, and currently the only, Chinese tyre maker designing and producing radial motorcycle tyres. The company reportedly has big expansion plans for Europe, including a presence in the UK market. Cambrian Tyres, the leading independent two-wheel tyre wholesaler in the region, will exclusively distribute the King Tyre range in the UK.
Bond International has completed the purchase of a 200,000 sqft warehouse in Bathgate, Scotland, continuing the Pocklington, Yorkshire-based tyre wholesaler’s expansion of operations north of the border. Elsewhere in Scotland, Bond has also acquired Birkenshaw Distributors Ltd and formed a joint venture with Goodtread Tyre Co, enabling the company to make same-day deliveries to “a large proportion of Scotland.” The new warehouse is located on the M8 belt between major Scottish cities Glasgow and Edinburgh, allowing it to deliver to both population centres several times a day.
Italian tyre distributor Fintyre has concluded its composition proceedings with creditors and cleared its debts 15 months ahead of schedule. Confirming the group’s fiscal solidity the company has also announced closing a 20-million-euro financing transaction with Banco BPM.
As of next month, Hamaton will supply European customers from a larger premises. Although the manufacturer of TPMS solutions, tyre valves, inflation products, tools, and accessories isn’t moving far, remaining within the Siemensring business park in Willich, Germany, from 11 March it will operate out of a “large, modern space that matches our ambition for growth and will provide increased storage space, improved facilities, flexible office space, and bigger social areas for our clients and staff.”
According to local media, Hankook Tire & Technology is gearing up to establish its own subsidiary in Romania in order to end its reliance upon third-party distributors in this market.
Davanti Tyres has established a new exclusive distribution partnership in Egypt, continuing its global growth strategy. Tyre Pro Egypt has begun to offer Davanti brand tyres to hundreds of dealers around the country and will gradually distribute stock to external dealers around Egypt. Established in 2010 by Hisham Layali, managing director of Tyre Pro Egypt, the business operates 11 state-of-the-art outlets in major petrol stations in strategic locations around Cairo. The company offers a range of passenger car, 4×4 and commercial tyres in its portfolio, to which it has now added the Davanti brand.
Giti Tire, the manufacturer of the GT Radial and Runway tyre brands has signed another exclusive distribution agreement with UK wholesaler Micheldever Tyre Services (MTS). The new four-year deal, which covers passenger car, SUV, 4×4 and light truck tyre segments in the UK and Republic of Ireland replacement markets, will run until 2026. The partnership commenced in 2010, meaning the latest EDA will take the relationship between the companies to 16 years. MTS has agreed to continue the expansion of the GT Radial Performance Centres (GTPCs) dealer programme, while jointly promoting Runway across its larger independent network. The distributor will also remain closely involved in product development.
Michelin North America, Inc. and Boeing have signed a renewal of the two parties’ authorised distribution agreement, extending the current agreement through December 2028. The agreement reaffirms Boeing Distribution as a global distributor for Michelin’s full line of cross-ply and radial aviation tyres, as well as tubes for the business, commercial, regional, military and general aviation markets.
Nokian Heavy Tyres now has a second partner in the UK. RH Claydon Ltd. is distributing Nokian forestry and agricultural tyres from its warehouses after entering into an agreement with the tyre maker. RH Claydon reports that it now stocks these products in most popular tread patterns and sizes, with next-day availability in certain locations.
vGroup has announced that it’s been selected as an exclusive distributor of a selection of Michelin products by the official licensee holder in the UK. As a market leader of finished products for the car, van, and home vGroup International is pleased to expand its portfolio with the Michelin range.
Grupo Andrés, a leading tyre distributor in the Iberian Peninsula, has acquired a 20% stake in specialist financial management consultancy iFinanciera. Explaining the decision to invest, Javier Andrés Herrera states that involvement in iFinanciera is closely linked to the development and growth of Grupo Andrés’ own companies and provides important synergies.
Goodyear has unveiled a new partnership with Exclusive Wheel and Tyre Distributors in new go-to-market strategy for Goodyear’s South African truck tyre business. Goodyear South Africa managing director, Richard Fourie says the partnership “forms part of our drive to enhance service and efficiency to customers and underlines our commitment to the sustainable growth of the industry.”
Ebrahim K. Kanoo has become the official distributor of Davanti Tyres in Bahrain. The diversified conglomerate provides comprehensive maintenance services at its Michelin-certified retail network, Tyreplus. In addition to an extensive range of high-quality tyres, Tyreplus also offers lubricants, batteries, suspension, and brake systems for a wide variety of vehicles. Branches manned by experienced technicians can be found in Tubli, Muharraq, Sitra, Saar, Salmabad and Hidd.
On 4 January Marco Giuliani physically rejoined Michelin Headquarters in Clermont-Ferrand after a number of years to take on the role of vice president corporate Sales and Distribution Europe.
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