Micheldever ending Kumho tyre distribution in May

Wednesday 3rd January 2018 | 0 Comments
 
Micheldever ending Kumho tyre distribution in May
Micheldever ending Kumho tyre distribution in May

Micheldever Tyre Services (MTS) has confirmed it is ending its 15-year tyre distribution partnership with Kumho Tyre in the UK. According to the company, the exclusive distribution agreement with Kumho Tyre will “end by mutual agreement” by the end of May 2018. However, MTS says the decision has also been prompted by a “clash of long-term ambition” for the Kumho brand in the UK. It comes at the same time Kumho’s global headquarters is embroiled in a complex ownership and financing struggle.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: , , , , ,

Category: Company News, UK News