Off-highway tyre specialist GRI has acquired Hungary-based tyre distributor ATRA Kecskemet, a company reported to hold a more than 50 per cent market share in the country’s material handling and construction tyre markets. The acquisition includes eight ATRA branches across Hungary and brings the firm’s 50-strong workforce into the GRI fold.
Davanti Tyres has named Reifenvertrieb Seng its exclusive distributor for the German market. Seng primarily intends to sell the Davanti brand through its own online portal but will also distribute via specifically selected direct key accounts.
On 6 May 2021 Yokohama Europe GmbH, signed an agreement to acquire 100 per cent of Poland’s ITR CEE Spółka z.o.o., a wholesale distributor engaged in the import and sale of Yokohama tyres in central and eastern Europe. The acquisition is scheduled to be concluded on 14 May 2021, after which the Polish company’s name will be changed to Yokohama CEE Spółka z.o.o.
Bridgend’s Tyre Boss has become the UK agent for Techking Tires. The Qingdao, China based tyre manufacturer is a specialist in OTR tyre segments, fitted to heavy machinery in a variety of applications. Its new UK agent has pressed on with ambitious growth and expansion plans in 2020. Its latest development follows the acquisition of two warehouses, a large tyre press and a successful ISO audit so far this year.
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