Trelleborg Wheel Systems, showcases two intelligent, new solutions for the materials handling market at CeMAT 2016 – the world’s leading trade fair for intralogistics and supply-chain management – being held in Hanover between May 31 and June 3 2016.
Approval has been given for Sweden’s Trelleborg AB to acquire ČGS Holding a.s., parent company of Czech tyre maker Mitas. In a statement issued this week, the European Commission shared that its assessment of the deal focused on the extent to which the two companies’ original equipment and aftermarket activities overlapped. The Commission found that Trelleborg and Mitas agricultural tyres “focus on different price and quality tiers” and are therefore “not close competitors.”
Sweden’s Trelleborg AB reports that organic sales within its Trelleborg Wheel Systems business decreased by six per cent year-on-year in 2015, despite a four per cent rise in overall sales. Organic sales were pushed downwards by agriculture-related sales, which were impacted by markedly lower agricultural machinery production levels. The organic sales trend for tyres for materials handling vehicles was slightly negative for the full-year. Total net sales increased 3.6 per cent to SEK 4.3 billion (£349 million).
On 27 January, Trelleborg held a ceremony to inaugurate its first agricultural radial tyre factory in the USA. The official opening followed the start of production at the facility late last year. Production at the US$50 million, 430,000 square foot (40,000 square metre) factory in Spartanburg, South Carolina will be gradually ramped up, with all manufacturing equipment expected to be installed by 2018. Trelleborg anticipates that the project will have created around 150 jobs by this time.
The Nomination Committee of Trelleborg AB has decided to propose that Johan Malmquist, Gunilla Fransson and Susanne Pahlén Åklundh be elected as new members to the Board at the company’s 2016 Annual General Meeting on 21 April. Furthermore, the Committee proposes the re-election of Board members Hans Biörck, Jan Carlson, Sören Mellstig, Peter Nilsson, Bo Risberg and Anne Mette Olesen. It is proposed that Sören Mellstig be re-elected as Chairman of the Board.
Last month we mentioned that 2015 had been a good year for Kirkby Tyres Ltd. Amongst other highlights, the wholesaler instigated a new warehouse project, added key new product lines and was named ‘Truck and Agricultural Tyre Supplier of the Year’ at the NTDA awards in October. The Liverpool-based company now looks forward to continuing its success in 2016.
Trelleborg has been named AGCO 2015 ‘Best Quality Performance’ for China and also received the AGCO EAME 2015 ‘Supplier of the Year’ award in the “Logistics” category.
Paolo Pompei, president Agricultural & Forestry Tires at Trelleborg Wheel Systems, says: “This double recognition of Trelleborg as a partner to AGCO is an exceptional achievement for us and a testament to the commitment that we share with AGCO; to improve the efficiency, productivity and sustainability of future farming. We are extremely proud of these awards since they acknowledge the huge efforts Trelleborg is making to support joint-initiatives with AGCO.”
On 30 November 2015 Trelleborg’s Trelleborg Wheel Systems agreed to buy Standard Tyres Group, a Brazil-based privately owned industrial tyre manufacturer. The company is the market leader in industrial tyres in Brazil and the main supplier to locally based, global original equipment manufacturers (OEMs) of materials handling vehicles.
After years of offering Solid Service to its customers in Australia, Trelleborg Wheel Systems is poised to rebrand its service presence there. The national industrial, forklift and OTR tyre business, which Trelleborg acquired in 2007, will soon be brought in line with Trelleborg’s other tyre service setups around the world and operate under the Interfit name.
Trelleborg has signed an agreement to acquire the Czech Republic’s CGS Holding a.s. for approximately 10.9 billion Swedish Krona (£830 million) on a cash and debt-free basis. The privately-owned company is active in the agricultural and specialty tyre business segments, including the strong Mitas tyre brand, as well as engineered polymer solutions. Closing of the transaction is subject to approvals from relevant competition authorities and is expected to be completed in the first half of 2016.
Trelleborg has manufactured its first agricultural tyre in North America, marking the start of operations at its new production facility in Spartanburg, South Carolina, USA. The 40,000sqm production facility is Trelleborg’s first in North America dedicated to the manufacture of premium radial tyres for agricultural machinery. The facility boasts state-of-the-art machinery designed according to the latest Trelleborg technology standards.
Trelleborg will support the Tractor of The Year awards as official partner for a further four years, further strengthening its strategic partnership. The agricultural tyre and wheel supplier was the awards’ first sponsor in 2012, and has remained in place every year since.
As well as presenting its latest tyre to feature ProgressiveTraction technology and other agricultural tyre and wheel products, Trelleborg will provide Agritechnica visitors with the opportunity to experience one of its 2015 European Road Show’s many stops.
Trelleborg will launch the latest tyre to feature its ProgressiveTraction technology at Agritechnica 2015, on 8-14 November in Hannover, Germany. The TM1060 upgrades Trelleborg’s high performance solution for new generations of tractors, ranging from 80 to over 300 HP. Trelleborg says the range will improve farming efficiency thanks to the double lug ProgressiveTraction tread, which boosts grip and significantly reduces vibrations. Operating on the soil at different times, the double lug progressively increases traction when required. The tyre also has a flexible carcass for homogenous deformation distribution and, absorbing road surface roughness, assures a smoother ride.
Following one-day events in Italy, Sweden, Austria, Poland, France and Spain, Trelleborg concluded its 2015 European Road Show for agricultural tyres at Honingham Thorpe Farm in Colton, Norfolk in the UK on 7 October.
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