Continental buys Bandvulc

Monday 4th July 2016 | 0 Comments
 
The takeover will establish Bandvulc as a wholly owned subsidiary of Continental UK Group Holdings Limited
The takeover will establish Bandvulc as a wholly owned subsidiary of Continental UK Group Holdings Limited

Continental Tyre Group has bought Bandvulc (B.V. Environmental Ltd.), one of only two substantially sized independent retreaders in the UK. Not only does the deal change the face of UK tyre retreading, it also has a significant impact on commercial vehicle tyre market shares owing to the fact that Continental can now count Bandvulc’s strong fleet management, service provider and independent truck tyre retreader amongst its own. The takeover will establish Bandvulc as a wholly owned subsidiary of Continental UK Group Holdings Limited. T&A understands Bandvulc’s existing management team are to continue to lead the business.

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Category: Premium, Retreading, UK News