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European FinTyre Distribution buys Reifen Krieg

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European FinTyre Distribution Limited (EfTD), one of the largest Pan European tyre distributors, has agreed to acquire the privately held Reifen Krieg Group, a leading full-range tyre wholesaler in Germany. As a result, EfTD is set to become the market leader in two key European countries, Germany and Italy, with 1.1 billion euros of total revenue. According to EfTD, Reifen Krieg’s current owners, Holger Krieg and Tobias Fink, will continue as the group’s managing directors

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  1. Fintyre to open London head office
  2. FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice
  3. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  4. Restructuring announced as Fintyre Group misses January wages
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Kirkby positioning Pirelli as premium truck tyre offer

Prometeon Tyre Group UK Ltd has selected Kirkby Tyres as a truck tyre wholesale partner, with the goal of enhancing its UK distribution capabilities.

With the addition of the Pirelli TBR range, Kirkby Tyres will be now be offering a full-tier commercial product portfolio from value tyres, right through to premium.

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  1. 2015 a winning year for Kirkby Tyres
  2. Kirkby Tyres improves truck tyre range and distribution in changing market
  3. Uniroyal truck tyres to be distributed exclusively through Bandvulc
  4. Prometeon supporting Red Cross during coronavirus pandemic
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Prometeon appoints Kirkby Tyres as Agricultural PHP distributor

After “years of extensive testing across Europe”, Prometeon Tyre Group has announced it is linking agricultural tyre distribution specialists Kirkby Tyres in order to bring Pirelli branded agricultural tyres to market. Voted the NTDA Tyre Wholesaler of the year in 2017, Kirkby has over 60 years of experience serving the market from the firm’s UK base in Liverpool. Kirkby will now be Prometeon’s exclusive wholesale partner serving the UK mainland and Ireland for the Pirelli Agricultural, PHP line.

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Related news:

  1. 2015 a winning year for Kirkby Tyres
  2. Kirkby positioning Pirelli as premium truck tyre offer
  3. Kirkby Tyres celebrate second straight Truck & Agricultural Tyre Supplier of the Year Award
  4. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
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Inter-Sprint at The Tire Cologne

For Netherlands-based wholesaler Inter-Sprint, The Tire Cologne is the natural successor to the Reifen show that took place in Essen every two years until 2016 – especially when considering projected exhibitor and visitor numbers – and for this reason, being there as an exhibitor is a must.

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Related news:

  1. UK’s ballooning UHP tyre market a huge opportunity for Inter-Sprint
  2. Big names signed up to The Tire Cologne 2020
  3. Superior Industries says no to TTC 2020 presence, evaluating effectiveness of exhibitions
  4. Fingers crossed: TTC organiser awaiting official recommendations
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TBC Corporation acquires Interstate brand marketing rights

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Marketing rights to the Interstate tyre brand have been acquired by TBC Corporation this month. This transaction follows the entry of Interstate Tire & Rubber into insolvency late last year. The US-based aftermarket tyre distributor has also appointed Theo de Vries, formerly director marketing and sales at Interstate Tires, its new international sales and marketing manager.

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Related news:

  1. Goodyear, Bridgestone combining aftermarket tyre distribution in the USA
  2. Bain Capital buys US distributor Dealer Tire
  3. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  4. ATD ‘making significant progress’
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Tyre wholesale: acquisition gives Italy’s Fintyre national coverage

Italian tyre wholesaler Fintyre has acquired its regional rival, La Genovese gomme. The European Fintyre Distribution Ltd company has entered into a definitive agreement to purchase the Sardinia-based wholesaler and retailer.

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Related news:

  1. Fintyre to open London head office
  2. Bain Capital acquires Fintyre
  3. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  4. Fintyre now sole Italy distributor for Triangle tyres
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Goodyear, Bridgestone combining aftermarket tyre distribution in the USA

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The wholesale tyre distribution networks owned by Goodyear and Bridgestone in the USA are combining to form an operation the two protagonists claim will be “one of the largest tyre distribution joint ventures in the United States.” This 50-50 joint venture, announced yesterday, echoes the arrangement that Michelin and Sumitomo Corporation entered into at the start of the year.

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Related news:

  1. TireHub to start operations in July
  2. US distributor TireHub expands
  3. TBC Corporation acquires Interstate brand marketing rights
  4. Bain Capital buys US distributor Dealer Tire
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Jeff van den Biggelaar named Heuver Tyrewholesale’s new marketing manager

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In addition to employing new country team members, in-house sales representatives and warehouse staff, Heuver Tyrewholesale has strengthened its team with the appointment of a new marketing manager. Jeff van den Biggelaar began joined Heuver Tyrewholesale at the start of this year and draws upon prior experience gained within the tyre industry as well as in related roles in other businesses.

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Related news:

  1. Jan Heuver retires at wholesaler’s 50th anniversary celebration
  2. Heuver Tyrewholesale introducing new Barkley brand during Autopromotec
  3. Heuver Tyre app upgrades without internet connection
  4. Full force in all segments: Heuver Tyrewholesale & its renewed focus on agricultural tyres
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Michelin enters African tyre distribution joint venture

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A new joint venture has been set up between Michelin and industrial products distributor CFAO for importing and distributing premium and quality segment tyres into Kenya and Uganda. CFAO holds a 51 per cent share in the new entity and Michelin the remaining 49 per cent. The joint venture’s governance is equally divided between CFAO and Michelin.

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  1. Independent tyre distributors building ships for choppy waters ahead
  2. Michelin acquires second German wholesaler
  3. Michelin invests in Iberian tyre distribution
  4. Pon selling tyre wholesale business – new owner for GAC
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TTI distributing Avon tyre brand in Benelux, north Germany

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Avon Tyres has appointed Netherlands-based wholesaler Tyre Trading International (TTI) its distributor for the Benelux markets and for the north of Germany.

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Related news:

  1. Wholesaler TTI sets up Reifen Kraftwerk for tyre distribution in Germany
  2. T.T.I. futureproofing with continued growth, new products
  3. Germany: Wholesaler Gundlach begins €20 million expansion project
  4. Fintyre Group employee pay ‘coming’, restarting business operations a priority
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Univergomma reports significant sales growth in 2017

Univergomma Spa, the apparent number two in the Italian tyres replacement market, has reported significant sales improvement in 2017. The firm specifically reported a turnover figure north of 135 million euros. This figure includes international sales, with particular success reported in the Europe, Middle East and Africa (EMEA) region.

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Related news:

  1. European FinTyre Distribution buys Reifen Krieg
  2. FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice
  3. Fintyre now sole Italy distributor for Triangle tyres
  4. European commission approves 3.2 billion euros of battery research support
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Kirkby: Tyre Wholesaler of the Year growing in 2018

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After being named Truck & Agricultural Tyre Supplier of The Year in both 2015 and 2016, last year Kirkby Tyres went home from the NTDA Tyre Industry Awards ceremony in October with the trophy for Tyre Wholesaler of the Year. The 2017 award was for Kirkby perhaps the crowning moment in a year that saw its original equipment and OE2 business continue to grow as well as work progress on its warehousing expansion programme. This expansion will be completed during the course of 2018 and is expected to enhance Kirkby’s operations. The wholesaler also anticipates an increase in its OE/OE2 activities and is introducing several other important agricultural products.

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Related news:

  1. Kirkby ‘not interested’ in adding budget products to long-standing range
  2. Kirkby Tyres’ 80,000sqft central distribution centre expansion nears completion
  3. Unrivalled range, choice of brands
  4. Kirkby Tyres expands OTR, earthmover coverage with popular brands
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Clarification: Michelin, Sumitomo Corporation tyre wholesaling JV

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In order to clear any consfusion arising from the announcement that Michelin and Sumitomo Corporation of Americas (SCOA) are forming a joint venture to pool tyre wholesale resources in the USA and Mexico, the Micheldever Group has issued a statement stressing that it is not in any way connected with Sumitomo Corporation or its North American subsidiary.

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Related news:

  1. Michelin, Sumitomo Corporation to pool tyre wholesale resources in USA & Mexico
  2. TBC Corporation acquires Interstate brand marketing rights
  3. Independent tyre distributors building ships for choppy waters ahead
  4. Micheldever management comment on Sumitomo sale
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Kumho UK to take over when Micheldever tyre distribution ends in May

Following the news that Micheldever and Kumho Tyre are ending their 15-year distribution relationship, Kumho Tyre (UK) Ltd. (KTUK) has confirmed that the cooperation will end in May 2018. After that date, KTUK will itself be responsible for distributing Kumho branded car, 4×4 and van products in the UK (excluding Northern Ireland).

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Related news:

  1. Micheldever ending Kumho tyre distribution in May
  2. Micheldever management comment on Sumitomo sale
  3. Giti Tire extends UK exclusive distribution agreement with Micheldever
  4. Micheldever focused on supporting tyre dealers’ survival during lockdown
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Michelin, Sumitomo Corporation to pool tyre wholesale resources in USA & Mexico

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With the creation of a 50-50 joint venture, Michelin North America Inc. says it and Sumitomo Corporation of Americas will form the second-largest player in the United States’ wholesale tyre market. The two companies have entered into a definitive agreement to combine their respective North American replacement tyre distribution and related service operations. The transaction is subject to customary approvals.

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Related news:

  1. Clarification: Michelin, Sumitomo Corporation tyre wholesaling JV
  2. Scott Clark appointed chairman & president of Michelin North America
  3. Garcin to lead Michelin North America
  4. US tyre makers urge climate change action
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