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Continental and Bandvulc management comment on integration process

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It is no secret that Continental and Bandvulc have been working together for decades. So it was also no surprise to learn that the subject of a possible takeover arose as long as 12 years ago. However, the round of talks that resulted in the sale agreement were instigated by Bandvulc managing director Patrick O’Connell during a meeting at the CV show in 2013. In the two or so years that followed the two firms say they grew together before a final deal was completed in July 2016.

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Related news:

  1. Arthur Gregg new Bandvulc MD
  2. Conti’s Bandvulc purchase results in UK market remoulding
  3. Continental buys Bandvulc
  4. New-tyre/retread combination wins Ashcourt over to Continental tyres
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Magna Tyres signs new partner in Germany

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Magna Tyres Group states that it has found the “ideal partner” for expanding its OTR tyre activities in Germany. Yesterday the company entered into a strategic partnership with Reifen Kiefer. The new partner will distribute both the Magna and MTP tyre brands.

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Related news:

  1. Reifen show move not linked to Essen site plans
  2. Magna Tyres adds a further distributor in Germany
  3. Erich Fric becomes Goodyear managing director consumer Europe Central
  4. Magna Tyres opens Czech Republic office
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German technology substituting football: Continental launches new global campaign

When Continental began its engagement with the UEFA Champions League in 1995, the notion of a tyre maker sponsoring a football championship rather than a motorsport series was considered novel. Not so today – established and aspiring manufacturers alike have snapped up an abundance of club and series affiliations, and promote these with varying degrees of success. Football sponsorship has become ubiquitous within the tyre industry, and perhaps for this reason, Continental has decided to call it a day. The company has blown the fulltime whistle on its involvement with football, and as of this month begins a new global campaign that ties in with its ‘Vision Zero’ aspirations.

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Related news:

  1. Football: Continental signs up for 5 more years with Bundesliga club Hannover 96
  2. Groundbreaking held for Continental’s performance tyre, technology facility
  3. A-Z investment to give Continental added tyre mould options
  4. HPTC opening brings Industry 4.0 to Continental’s tyre production
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Further appointments within Bridgestone’s CER

The position of director for the passenger car tyre division within Bridgestone Europe’s Central Region (CER) left vacant by the departure of Peter Gulows in the middle of last year has now been filled. Torsten Claßen began in this role on 1 February and has taken on responsibility for all sales and marketing activities in Germany and Austria, and for the entire business in Switzerland. He reports to Andreas Niegsch, managing director Bridgestone CER.

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Related news:

  1. Des Collins to lead Conti’s new public liaison office
  2. Bridgestone Europe names new Consumer, Western region heads
  3. New Kumho aftermarket, dealer managers for Germany
  4. Bridgestone Wins Run-Flat Tyre Test
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Momentive breaks ground on European silane plant

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Officials from the German city of Leverkusen and the Chempark chemical park joined Momentive Performance Materials Inc. at the official groundbreaking of its new manufacturing facility on 26 January. The company intends to invest US$30 million to build a dedicated manufacturing capacity for its NXT silane products in the European market. The new facility will join Momentive’s existing Leverkusen operations and network of 24 manufacturing sites located around the world.

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Related news:

  1. Momentive opens new R&D lab
  2. Momentive acquires US silane plant
  3. Evonik investing in silane research centre
  4. Kumho, Fiege Logistics open major tyre warehouse in Hamburg
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Football: Kumho Tire’s Schalke 04 sponsorship extended

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Kumho Tire’s sponsorship of German football club FC Schalke 04 has been extended until 30 June 2018. The tyre maker and Bundesliga protagonist first announced their collaboration at the beginning of 2015, and since then Kumho has been represented on LED signage at the club’s home stadium, Veltins Arena, and utilised other advertising options both in the stadium and in team-related publications. These advertising opportunities continue under the extended deal.

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Related news:

  1. Tyres & football: Kumho partners with FC Schalke 04
  2. Kumho partners with German football club Bayer 04 Leverkusen
  3. Football: Kumho Tyre partners with FK Mladá Boleslav
  4. Kumho sponsoring two further German football clubs
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Versace heading Pirelli’s commercial tyre business in Germany

The company established in 2015 to distribute Pirelli commercial tyres in Germany has announced the appointment of its second chief executive officer within the space of just two months. The job now belongs to Alain Versace, who succeeded Ralf Schnelle earlier this month.

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Related news:

  1. Pirelli on track for a 2018 IPO
  2. Pirelli Announces Improved Figures and New Investments
  3. Pirelli Interested in Continental Truck Tyre Unit
  4. Prometeon to launch new Pirelli Itineris tyre range at Autopromotec
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Linglong Tire now a Wolfsburg ‘Club of Champions’ sponsor

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As of 1 January, Shandong Linglong Tire has been elevated to the status of Club of Champions partner with German football club VfL Wolfsburg. The tyre maker had served as a VfL-TopPartner since the start of 2015, and Wang Feng, founder and chief executive officer of Linglong Tire, signed the new, extended deal at the Volkswagen Arena in Wolfsburg on 14 December together with club managers Thomas Röttgermann and Dr Tim Schumacher. The company is one of three Club of Champions partners, holding this status alongside Nike and logistics specialist Grupo Sesé.

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Related news:

  1. Football & tyres: Linglong Tire partnering with VfL Wolfsburg
  2. Linglong Tire renews VfL Wolfsburg partnership
  3. Football: Linglong Tire becomes VfL Wolfsburg sleeve partner
  4. Linglong renews VfL Wolfsburg sleeve partnership
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Giti Tire bringing its flagship car tyre brand to Europe

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The company supplying as many as a fifth of all car tyres fitted to new vehicles manufactured and sold in China is preparing for the European launch of its flagship brand, and has its sights on both the original equipment and replacement markets in our region. With its new, designed-for-Europe Giti range, Giti Tire aims to become “an established original equipment supplier and recognised technology partner in Europe.” Three product lines will be introduced into a key initial market in the coming months ahead of a wider European rollout.

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Related news:

  1. Giti Tire launches Giti PCR brand in Germany, debut at Automechanika Frankfurt
  2. Giti’s European R&D centre ready for growing OE business
  3. New Giti flagship UHP tyre, GT Radial SportActive, coming soon
  4. GT Radial launches Champiro FE1 in Tuscany
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New year, new name: SRI Europe to become Sumitomo Rubber Europe

Sumitomo Rubber Industries has announced a name change for SRI Europe GmbH. As of 1 January 2017, this Germany-based subsidiary will be known as Sumitomo Rubber Europe GmbH. All contact details remain unchanged, and the wholly-owned subsidiary will continue to be located at Donaustraße 23, 63452 Hanau, Germany.

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Related news:

  1. Falken limbering up for Bundesliga playoffs
  2. Falken an official partner of DFL-Supercup
  3. SRI wins tyre puncture repair technology infringement case
  4. Dunlop Tech, Sumitomo Rubber Europe open European Development Centre
/by

Mobivia Groupe to complete acquisition of tyre retailer A.T.U. this month

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German tyre retail and fast fit chain A.T.U. has been sold to France’s Mobivia Groupe. Several hours ahead of a predetermined deadline, New York-based hedge Fund Centerbridge Partners LP, which has owned the network since 2013, successfully negotiated a significant rent reduction with the landlords of its outlet sites, including Lino Management, owner of 273 A.T.U. sites. According to reports, the annual leasing cost for the centres located on Lino-owned properties will fall from 57 million to 30 million euros. The rent reduction clears the way for Mobivia Groupe’s acquisition of the more than 600 A.T.U. centres in Germany, Austria and Switzerland.

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

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Related news:

  1. A.T.U. sold in restructuring deal
  2. Z Tyre launches flat-rate tyre subscription model in Germany
  3. Michelin buffs away loss-making Laurent pre-cure business in Germany
  4. Fintyre Group employee pay ‘coming’, restarting business operations a priority
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End of the line for Michelin retreading plant

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Last week, Michelin’s Pneu Laurent plant in Oranienburg, Germany – the company’s smallest retreading facility in Europe – produced its last retreaded truck tyre. Now the remaining 55-strong plant workforce (Michelin employed 180 people at the Pneu Laurent site a year ago) are engaged with clearing up and disassembling the most important production equipment in preparation for its installation in other Michelin plants.

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Related news:

  1. Michelin closing Pneu Laurent (Germany) in 2016
  2. Michelin buffs away loss-making Laurent pre-cure business in Germany
  3. Why it’s too early to cry tyre-mageddon
  4. Laser Transport Claims it Gets More Miles With Michelin
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The Tire Cologne: More than 100 exhibitors now on board for 2018 show

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At the end of November – around one and a half years before the trade fair gets under way – the list of companies confirmed as exhibitors at The Tire Cologne passed the 100 mark.

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Related news:

  1. Big names signed up to The Tire Cologne 2020
  2. ‘Reifen’ move may result in two German tyre shows
  3. Show review: Reifen China 2014
  4. Fingers crossed: TTC organiser awaiting official recommendations
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Hamaton Ltd expanding UK warehouse

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After the firm’s official opening in the UK in early 2015, specialist TPMS and valve manufacturer Hamaton Ltd reports it is pleased to look back on a year that has seen the business go from strength to strength, with increasing sales and an enhanced reputation developing throughout the global TPMS market. One sign of this is the firm’s decision to move to large UK premises.

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Related news:

  1. Hamaton Limited one year on
  2. Fintyre to open London head office
  3. Northvolt raises US$1 billion for Europe’s first gigafactories
  4. Retreader Seryt Tyres reports growth in a time of consolidation and attrition
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Continental seeking architectural concepts for new HQ

In June, Continental signed a MoU with the city of Hannover, Germany to secure the site for its planned new corporate headquarters. The company is now moving forwards with the next phase of the project – according to the Hannoversche Allgemeine Zeitung, 14 German and European architectural firms have been commissioned to develop concepts for a “creative head office.” The newspaper comments that rather than adopt a standard design, Continental seeks a solution that reflects the company’s foci on sustainability and innovation.

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Related news:

  1. Continental signs MoU for new headquarters site in Hannover
  2. Continental HQ project – twice as expensive as first announced?
  3. Continental breaks ground on new HQ project
  4. Continental holds HQ topping out ceremony
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