European FinTyre Distribution buys Reifen Krieg

14th June 2018 | 0 Comments
 
European FinTyre Distribution buys Reifen Krieg
Reifen Krieg is the latest in a line of acquisitions by European FinTyre Distribution Limited (EfTD), which is owned by Bain Capital

European FinTyre Distribution Limited (EfTD), one of the largest Pan European tyre distributors, has agreed to acquire the privately held Reifen Krieg Group, a leading full-range tyre wholesaler in Germany. As a result, EfTD is set to become the market leader in two key European countries, Germany and Italy, with 1.1 billion euros of total revenue. According to EfTD, Reifen Krieg’s current owners, Holger Krieg and Tobias Fink, will continue as the group’s managing directors

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