Automotive servicing equipment supplier Nexion has acquired a majority shareholding in Denmark’s Stenhøj Group. Nexion acquired 75 per cent of Stenhøj Group, with a 25 per cent share in the company remaining in the hands of the previous owner, the Dyoe family. The deal, completed on 8 March, sees Nexion, already a global leader in the automotive equipment sector with the Corghi, Bright, HPA-Faip, Mondolfo Ferro, SICE, Orlandini, Tecnomotor, and Teco brands, extend its portfolio to the Danish Group’s products and services in the automotive aftermarket range, which include Dunlop, Autop, Sherpa, Molnar, Bradbury, Tecalemit, Gemco, and its eponymous Stenhøj brand. This list illustrates the current period of consolidation in the garage equipment sector; the acquisition comes two years after the formation of the Corwei joint venture with Bright, an important Chinese competitor.
Here’s the basic idea: Whether you’re at home or at work, the MobileMech mobile tyre service comes directly to you. In other words Delticom has launched a mobile tyre fitting and light car maintenance business called MobileMech. The MobileMech concept is run through a subsidiary company Delticom eponymously calls MobileMech. In business terms the deal is a franchise/partnership model. It has been developed over a period of five years by a team of experts in order to “best meet the needs of customers and partners alike”, according to the company.
Delticom AG teamed up with Netherlands-based TechnoMarketing to exclusively present the Mobile Mech concept and its compact, ‘all-in-one’ Ecube tyre service unit. Delticom believes the Ecube is a “completely game-changing” advancement which provides businesses with more versatile solution to the roadside tyre sales.
During May’s Autopromotec, leading Italian garage machinery firm Nexion Group and Chinese garage equipment-maker Bright Technology announced that they have formed a joint venture.
According to the two companies, the two firms have formed a third company that will allow Bright and the Nexion Group to “assert itself as a leader in the industry and be active on all global markets with a full range in all product segments from the top of the range to the entry level”.
It is no secret that China continues to play its role in the development of the European tyre market. Chinese equipment firm Bright Technology hopes to take this a step further at Automechanika 2016 in Frankfurt, Germany when the company unveils its new double-decker concept booth which will display a “revealing” digital photographic/video tour of the company’s production and design facilities.
International garage equipment manufacturer Bright will launch its latest premium tyre changer at Reifen 2016, where the company will make a comprehensive exhibition of its range. This latest product boasts an exclusive addition; the tyre changer comes as standard with the well-established and acclaimed six litre Bead Bazooka system from Gaither Tool.
Bright Technology says the number of sales and distribution partners it has throughout Europe is on the rise. A representative for the Chinese tyre changer and wheel balancer manufacturer, reports that the company is “currently in advanced negotiations with potential distributors in Germany, Italy and the UK.” Bright Technology is also supporting its presence within the region by taking part in trade shows such as Autopromotec.
Having made their debut at the 2013 event, China-based garage equipment manufacturer, Bright Technology returned for Autopromotec 2015 to showcase its all-new Bright Premium range of wheel balancers which has been completely re-branded for the European tyre and automotive market.