Tech buys Salvadori
Technical Rubber Company, Inc. (the Johnson, Ohio-based firm also known as Tech or TRC) has bought of Rovereto, Italy-based Salvadori S.r.l in a transaction that completed last week.
Tech, which pitches itself as “a world-leading manufacturer and distributor of tyre repair, wheel service, and industrial rubber products” reports that buying the Italian tyre and retread supplier and industrial rubber repair products provider also enables it to produce recycling equipment used for the conversion of scrap tyres and plastic to usable products with Salvadori’s technology.
TRC’s CEO Dan Layne commented: “We think Salvadori S.r.l. is perfectly aligned with our “4r Future” vision of driving growth in Repair, Reuse, Recycle, and Repurpose. This acquisition augments our tyre repair and wheel service product range and facilitates our entry into the tire recycling industry. We expect the businesses will continue to thrive and deliver solutions for our collective customer bases, and provide additional growth opportunities for our team.”