Company News

Pirelli in talks with a number of bidders before ChemChina deal

With coverage of ChemChina’s purchase of Pirelli waning, various newswires have been reporting market rumours that Bridgestone has been preparing a counterbid for Pirelli. However, in an interview with Reuters on 26 March, Pirelli CEO Marco Tronchetti Provera said that such a move would be “a disaster”. He supported ChemChina’s bid, on the other hand, saying it is: "good for the future of Pirelli and guarantees its global growth".

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UK News

Autoparts UK becomes official Coyote Fat Tyre Bike distributor

Autoparts UK becomes official Coyote Fat Tyre Bike distributor

Autoparts UK has extended its bicycle activities by becoming the official distributor for Coyote Fat Tyre Bikes. The motor factor says that initial sales already ahead of expectations; it is positioned to capitalise on the recently documented increase in cycling’s popularity in the UK.

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International News

Hämmerling appointments to drive further internationalisation

Hämmerling appointments to drive further internationalisation

The Hämmerling Group is further internationalising and expanding its purchasing and export teams with the addition of new staff for these areas. At present the tyre wholesaler is looking for someone to head up exports; the new appointee will be expected to “drive the continuous expansion of market share within Europe and propel further growth by seeking out new distribution partners.”

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Motorsport

Extended UK, USA live coverage to start new BTCC season

Extended UK, USA live coverage to start new BTCC season

The 2015 Dunlop MSA British Touring Car Championship will dominate ITV4’s Easter Sunday schedule (5 April). Eight hours of live, free-to-air and exclusive UK television coverage will be broadcast from the opening event of the season at Brands Hatch, demonstrating the reasons for Dunlop’s continued investment in its title sponsorship and tyre supply agreement. Global interest in the series is also growing, exemplified by the series’ new North American broadcast partner, CBS Sports Network, which plans to award the BTCC with a prime time slot on Wednesday evenings.

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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

ATS Euromaster FD named financial director of the Year

ATS Euromaster FD named financial director of the Year

ATS Euromaster Group finance director Rachel McMullen has won the UK Finance Director of the Year Award at the Business Finance Awards 2015. McMullen recognised in the Blue Chip category (companies with a turnover greater than £250 million). The senior finance team was also nominated for the Finance Team of the Year. McMullen commented: “I was proud just to be shortlisted, but winning has been fantastic. The financial team at ATS Euromaster has been crucial and through this award I am thrilled that our efforts over the last five years have been recognised.”

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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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