Camso buys Southern Industrial Tyres
Camso, the industrial tyre and track specialist formerly known as Camoplast Solideal, bought Southern Industrial Tyres in January 2016. Interestingly for the UK industrial tyre sector, Camso executives described the move as “a strategic effort to strengthen [the firm’s] material handling tyre distribution and service business in the UK”. In its statement on the matter Camso said the acquisition enhances Camso’s leadership position in the UK and continues the company’s vision for “tyre service”. No details of financial terms have been disclosed.