Company News

Pirelli acquisition proof of ChemChina’s vision and strength, says Heuver Tyrewholesale

Heuver Tyrewholesale, distributor of the Aeolus tyre brand in eight continental European markets, says it expects “many developments” now that its parent company ChemChina has acquired a share in Pirelli. Commenting on the transaction, director Bertus Heuver said “ChemChina is China's largest tyre manufacturer and Aeolus Tyres is its leading international brand. We agreed import rights for Aeolus ten years ago, and immediately noticed their ambitions and willingness to make investments. So ChemChina's decision to take over Pirelli is merely an extension of their existing philosophy and is proof of their vision and strength.

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UK News

Watts Aviation sold to Desser Tire

Desser Tire & Rubber Co., LLC. has acquired Europe’s leading aircraft tyre distributor, Watts Aviation. Located in Gloucestershire, Watts distributes a broad range of aircraft tyres and tubes as an authorized distributor for a number of major tyre brands. No details relating the price of the acquisition have been released.

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International News

Magna Tyres begins German wholesale alliance

Magna Tyres Group has entered into a strategic relationship with German wholesaler Reifen Helm and reports that this new agreement, which came into force this month, represents an “important step” towards further introducing the Magna tyre brand in northern Germany and increasing the brand’s profile.

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Motorsport

‘Two-stop’ Vettel gets reacquainted with F1 victory

‘Two-stop’ Vettel gets reacquainted with F1 victory

Prior to the start of yesterday’s Malaysian Grand Prix, Pirelli motorsport director Paul Hembery expected teams to make three tyre change stops during the race. Four-time world champion Sebastian Vettel opted to stop only twice, and this may well have been the decisive factor in his 8.57 second victory over Lewis Hamilton. The Malaysian GP victory was the first win for Vettel and Ferrari since 2013, and this fourth victory in Malaysia – the 40th of his career – means that Vettel is now the most successful driver in the history of the Malaysian Grand Prix.

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Retreading News

Tuning in to RFID – ‘Chipping’ retreaded tyres saves time & adds value, says Roline

Tuning in to RFID – ‘Chipping’ retreaded tyres saves time & adds value, says Roline

Innovative practices aren’t only found amongst the big players in the retreading industry. One small Dutch firm has invested in a better way of keeping tabs on the tyres it retreads, and aims to extend this to the fleets it works with. In February, Tyres & Accessories spoke with Hans Jörg from Lopik-based retreader Roline, and learnt how a technology of interest to top level motorsport is being used in retreaded bus and truck tyres.

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Product News

Milltek Sport release E39 BMW M5 5.0 V8 (1998-2004) exhaust

Milltek Sport release E39 BMW M5 5.0 V8 (1998-2004) exhaust

Milltek Sport has released details of its new complete exhaust solution for the E39 BMW M5. The super-saloon, widely regarded as one of the finest cars ever made, has been out of production for over a decade now, a fact Milltek says will mean attentive owners will be considering a replacement for the aging OEM exhaust. The new exhaust is “similarly over-engineered”, according to Milltek, providing extra performance and value to the car.

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Career Tracks

Tronchetti: Pirelli/ChemChina deal won’t affect employment

Following confirmation that ChemChina is set to buy Pirelli, the Italian manufacturer’s CEO, Marco Tronchetti Provera, has sought to re-assure employees that “the agreement with the Chinese will have no impact on employment”. Specifically this means R&D will remain in Italy, for example. For his part, Tronchetti was characteristically upbeat about the deal: “The opportunity with a partner like ChemChina is for the company to become bigger and to have a more effective penetration of the Asian market.”

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Legislation

PRA joins in call for ATMs to be exempt from business rates

The Petrol Retailers Association (PRA), which represents Britain’s 5,400 independent petrol filling stations, has joined the ATM Industry Association (ATMIA) in calling for ATMs to be exempt from Business Rates.

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