Norgesdekk AS agrees to buy Hjulius Dekk og Felg AS

20th October 2014 | 0 Comments

Norgesdekk AS agreed to buy 100 per cent of Hjulius Dekk og Felg AS on 17 October 2014. The strategy behind the move is to strengthen Norgesdekk’s position on the Norwegian South Coast in particular but there are also said to be “other synergies”. Following this acquisition Norgesdekk will have seven wholesale warehouses, serving customers selling tyres and wheels of all kinds across Norway. The latest announcement follows the purchase of P. Holth AS at the end of 2012 in a similar move.

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Category: International News

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