Following the news that DäckExperten i Karlskrona and Däck-In Halmstad have both recently joined Citira, the Scandanivian and North European retail operation has confirmed that Ljungby Däck has also joined Citira
Ljungby Däck, is based in Småland in Southern Sweden and its addition is said to speak of Citira’s plans to “extend a service network along key transport corridors” across its geographic footprint.
Now closure has been confirmed, Citira’s acquisition of Däckia represents an important milestone in Citira’s journey towards building “a new Northern European challenger in its industry”, Citira, which until recently was known as CTS – or Circular Tyre Services reports that all approvals from the relevant authorities were obtained prior to closing.
When Colmec, Lapin Kumi and several other Nordic service stations came together, CTS was born. In April 2025, CTS – which stands for Circular Tire Services – announced its intention to acquire service formerly Pirelli-owned Däckia retail chain. Now, the operation is rebranding as Citira, replacing the temporary CTS name. For its part, Citira aspires to build a leading circular tyre management provider in Northern Europe.
Pirelli and fast-growing northern European retail network CTS have signed long-term strategic partnership designed to enable Pirelli to “strengthen its commercial presence and high value strategy in the region” and CTS to “further strengthen its ability to serve customers throughout Sweden”. In short, CTS will acquire Däckia AB company, Pirelli’s Swedish tyre retail network consisting of 60 direct points of sale and 42 affiliates.
Following last year’s establishment of CTS Group, and building on recent growth in Sweden and Northern Finland, CTS’ Finland company (Lapin Kumi) has opened two new tyre shops in the Helsinki region. The two new Helsinki centres are located in Vuosaari harbour and Espoo Juvanmalmi.
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”.
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.
Private equity group Axcel has become the new majority owner of Nordic Tyre Group in a move designed to “further strengthen the [tyre] company’s position in its core regions while expanding into new European markets”.
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.
Circular Tire Services Europe Holding (CTS Group) has completed the inaugural issuance of senior secured bonds totalling 1.3 billion Swedish krone (£93.717 million; 112.176 million euros; US$118.491 million). Net proceeds from the bond issue will be used to “refinance existing debt and for general corporate purposes” including mergers and acquisitions, with company representatives saying the financing provides a “foundation for future growth driven by M&A and organic initiatives.”
Nacka-Värmdö Däckdepå is the latest to join the Circular Tire Services (CTS) Nordic tyre distributors group. Nacka-Värmdö Däckdepå sells tyres and rims as well as running a tyre hotel for both passenger cars and heavy vehicles.
September has been a month of official openings. Specifically, Nokian Tyres opened its Romania tyre factory – something it has done in record time (see pages 14-16 for the details). And Linglong flipped the switch on passenger car tyre manufacturing at its Serbia plant too (see pages 18-19). At the same time, October’s magazine focuses on tyre wholesale (see page 44 onwards) and industrial tyres (from page 36). However, this column turns its attention to an arguably under-reported part of the European tyre market – the Nordic/Scandinavian tyre business.
The news that Däckhuset I Norrland, based in Northern Sweden, has joined Circular Tire Services (CTS) makes it a hattrick of new members of the fast-growing Scandinavian tyre distribution during the course of a month.
Magna Tyres Group has appointed Norgesdekk its exclusive distributor for Norway, an arrangement it views as a continuation of its “ambitious global expansion strategy” and a reinforcement of Magna Tyres’ presence in Scandinavia. Norgesdekk will offer the full range of Magna OTR and industrial tyres to customers in the Norwegian market.
Following the news that Gummicentralen Säffle has joined CTS, another firm has announced that it too is partnering with the Scandinavian tyre distribution operation. Specifically, Ingers Däck, one of Sweden’s largest tyre shops, is joining what is loosely being called Circular Tire Services (CTS).
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.
