Trelleborg acquires tyre operation in Germany
Through its Trelleborg Wheel Systems business, Sweden’s Trelleborg AB has acquired German earthmover tyre specialist White Baumaschinenreifen GmbH. The transaction was consolidated yesterday.
Through its Trelleborg Wheel Systems business, Sweden’s Trelleborg AB has acquired German earthmover tyre specialist White Baumaschinenreifen GmbH. The transaction was consolidated yesterday.
At Agritechnica 2017, Trelleborg will unveil YourTire, a new online service that allows customers to personalise their Trelleborg radial tractor tyres. Using the YourTire online configurator tool, customers can add their name or logo to new tyres, bringing a new level of personalisation to farm machinery.
Trelleborg has announced it will launch a smart wheel “designed to produce more, with less” at next month’s Agritechnica trade fair. Called ConnecTire, the new product is a sensor-based smart wheel that enables data sharing at multiple levels, reducing the risk of tyre slippage on the rim. It allows farmers to leverage the Internet of Things for safer and more efficient operations.
We first encountered PneuTrac at the Agritechnica show four years ago. Back then, Mitas described the combined track and tyre concept as a “revolution” in tyre design, however a spokesperson admitted there was still “some way to go” until a commercial product came to market. Since then we’ve gone some way, and Trelleborg, which acquired Mitas last year, has now announced the launch of a market-ready PneuTrac product.
After 10 years as a board member, including five years as chairman, Trelleborg AB’s Sören Mellstig, has declared that he is not available for re-election. The nomination committee has therefore today decided to propose to the Annual General Meeting 2018, the election of current director, Hans Biörck, as chairman of the board.
Trelleborg will display VIP – Variable Inflation Pressure – system at Farm Progress Show 2017 in Decatur, Illinois, from 29 to 31 August.
Andrea Masella, Brand Manager for Trelleborg’s agricultural and forestry tyres in North America, said: “The Trelleborg VIP system represents a major step forward and a great new advancement that producers will benefit from in North America.
Trelleborg Wheel Systems industrial and construction tyre operation says it will show the ground-breaking quality and reliability of its solid and pneumatic tyres at this year’s Steinexpo. Amongst the products on show on the company’s stand (booth B53) will be the company’s latest radial and diagonal pneumatic tyres for construction loaders and graders, and its solid tyres for extreme environments.
According to Trelleborg, its Mitas business is now making “concentrated preparations” towards penetrating the radial sport touring tyre segment with a “new concept in radial tyres.” It hasn’t revealed the name of the tyre developed by the Mitas/Trelleborg facility in Kranj, Slovenia, however it says the tyre is intended for use on heavier sport motorcycles that can carry two people and luggage over longer distances.
Visions of pink elephants are said to trouble the inebriated, however the elephant that visitors to the historic French city of Nantes may encounter is very tangible and not at all pink. The Elephant of Nantes, as we’ve chosen to call it, is the creation of street theatre veterans François Delarozière and Pierre Orefice, and it gains a mention here as, despite appearing to stride along on fully jointed legs, the giant pachyderm is propelled by – you guessed it – tyres.
Trelleborg Industrial and Construction Tyres has joined the NTDA both as a supplier member and as a full member under the UK network of centres in its ‘Interfit’ service division.
Trelleborg Industrial and Construction Tyres is a global manufacturer of premium quality tyres and has developed extensive product ranges to serve both solid and pneumatic tyre requirements within these sectors. The UK operation has two distinct channels with very different customer bases and varying requirements. A major part of the business is to supply and fit tyres through its Interfit service division, where the customer base predominantly consists of Forklift Truck manufacturers and their dealer networks. In addition, Trelleborg has developed a facility to supply tyres to the replacement market where the majority of customers in this channel are tyre dealers and distributors. Although the vast majority of products are fitted to Forklift trucks, it also supplies and fits tyres to ground support equipment such as airport vehicles, reach stackers and container handlers.
In an interview published by the Trelleborg Group today, company president and chief executive officer Peter Nilsson has shared that, according to Trelleborg’s own assessment, its acquisition of Mitas parent company the CGS Holding will result in synergies of around SEK 400 million (£34.8 million) up to 2020. “These are mainly cost synergies, but also a great deal of sales synergies,” he added. “The estimate could be conservative and is based on how the market looks today. If there is a rise in demand, then sales synergies, above all, will increase.”
Trelleborg Wheel Systems has introduced a new solid tyre for waste management and recycling applications. The Brawler HPS Soft Ride debuts today at the ‘recycling aktiv’ show in Germany, and will launch across the pond at WasteExpo in New Orleans on 9 May.
Just three days after buying Trelleborg’s Czech compounding operation, on 3 April Hexpol announced it has signed an agreement to acquire the business of Valley Processing from Ted Ballou and his family. The acquisition price amounts to approximately US$44 million on a cash and debt free basis. There will also be an additional product transfer fee, which will be paid later.
Trelleborg will increase its agricultural, forestry, and construction products by an average of 14 per cent. Trelleborg states that raw materials have faced a price increase of approximately 50 per cent, compared to the average price in 2016.
Hexpol has today acquired 100 per cent of Trelleborg Material & Mixing Lesina s.r.o from the Trelleborg Group. The divested operation develops, produces and supplies polymer compounds. The majority of its sales are to external customers and a minor share to a small number of Trelleborg facilities in Europe.
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