Tag: Corghi
Private equity firm makes “significant minority investment” in Nexion
Private equity firm One Equity Partners (OEP) reports making a “significant minority investment” in Italian workshop machinery and automotive solutions company Nexion S.p.A. Financial terms of the private transaction have not been disclosed.
Nexion acquires Stenhøj Group
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.
Rema Tip Top introduces new Corghi Artiglio 5000 ‘Leva la leva’ tyre changer
Rema Tip Top has launched Corghi’s latest Artiglio 5000 automatic tyre changing machine. The Artiglio 5000 has third generation “Leva la leva” (lever-less) technology for vehicle, SUV and commercial vehicles wheels up to 28”. The new demounting tool with Lite Smart Corghi System movement reduces the stress on the tyre and never touches the rim.
Corghi Exact Linear added to Rema Tip Top wheel alignment portfolio
Rema Tip Top UK’s four consecutive NTDA/Tyre Industry Awards give the company a decent claim to being the country’s leading supplier of aftermarket tyre equipment. The Leeds based company is the UK distributor of Corghi equipment. The Italian brand’s recently introduced Exact Linear has been added to Rema Tip Top’s product range, extending the existing aligner running Exact software, the Blacktech.
Corghi’s Touchless balancers, changers demonstrate Rema Tip Top ‘added value’
Rema Tip Top Automotive UK’s fourth consecutive Aftermarket Equipment Supplier of the Year Tyre Industry Award was a testament to its “great working partnerships and mutual value added benefits and expertise,” according to group CEO Mark Insley. In its capital equipment portfolio, the company supplies Corghi garage equipment, including the brand’s latest Touchless line of wheel service equipment for all ranges of tyre changers, wheel balancers and wheel aligners, demonstrating such added value partnerships. Rema Tip Top states that Corghi’s latest products “guarantee extreme professionalism”, as they concentrate on the wheel alone without touching the rim and/or the tyre, depending on the product line, during any procedure.
Nexion Group and Bright Technology form joint venture
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”.
Corghi Uniformity – breaking the mould
Key Rema Tip Top aftermarket partner Corghi has continued to create headlines through product innovation over the past year, winning both the ‘Equip Auto 2015 Golden Trophy’ and ‘Reifen 2016 Innovation award’ for the Corghi Uniformity. This tyre changer is exclusively sold through Rema Tip Top in Great Britain and is acclaimed as the world's first tyre changer with diagnostic functionality.
Conti and Corghi amongst winners of 2016 Automechanika Innovation Awards
The Automechanika Innovation Awards 2016 have been announced – and tyre manufacturer Continental and tyre equipment manufacturer Corghi are amongst the winners. On 23 August 2016, the independent jury of nine experts reached agreement on eight award winners whose innovative solutions and future-oriented products will be presented for the first time in an interactive special show in the ‘Festhalle’ during the coming Automechanika Frankfurt on 13 September 2016.
Bridgestone, Michelin amongst Reifen 2016 Innovation Awards winners
The Reifen 2016 Innovation Awards winners have been announced as part of the trade fair’s opening celebrations. Messe Essen and the German Federal Association of Tyre Dealers and the Vulcanising Trade (Bundesverband Reifenhandel und Vulkaniseur – Handwerk, or BVR) presented the awards for “notably pioneering developments” to Bridgestone, Michelin, 4JET Technologies, and ASE Corghi. Michelin […]
Rema Tip Top Automotive UK unveils Leeds Training Centre
Tyre Industry Awards 2015 winner Rema Tip Top has opened its new tyre repair and garage equipment training centre following significant investment in Leeds headquarters. Hosting Tyres & Accessories at a launch event in October, immediately after its NTDA 2015 Tyre Industry Award for Tyre and Aftermarket Supplier of the Year, the company showed how the site has been entirely refitted, having lain derelict for around half a decade before the acquisition of Doncaster’s Ace Conveyor Equipment in 2008 and subsequent consolidation of the industrial business. The new centre will provide accreditation for the new generation of tyre technicians, with an expanding variety of courses delivered over one or two days. Rema Tip Top chief executive Mark Insley stated: “We recognise the importance of education and training to an industry which is responsible for the safety of millions of people on our roads on a daily basis. With this well-equipped and highly professional facility we will provide an invaluable resource for our customers.”
Reifen 2016 expects 20 largest tyre manufacturers at 24-27 May 2016
Messe Essen’s Reifen show will be the epicentre of the global tyre industry from 24 to 27 May 2016. The event organiser has confirmed that the 20 largest tyre manufacturers in the world will be present, including key players such as Bridgestone, Continental, Cooper Tires, Goodyear, Falken Tyre Europe, Hankook, Maxxis, Michelin, Pirelli and Yokohama. The demand for stand space for workshop equipment providers is also growing, according to Messe Essen: Corghi, Rema Tip Top and Snap-on will all be amongst the exhibitors.
Rema Tip Top continues Corghi alignment range distribution with Autopromotec exhibition
Rema Tip Top is the UK distributor of future-proof alignment solutions from Corghi. The range includes the award-winning REMO alignment range (REMO stands for “Robotic Equipment for Measuring by Optics”), including the Exact BlackTech X Plus, which includes the new passive target wheel aligner technology. Corghi will exhibit its machines at Autopromotec in Bologna, Italy between 20-24 May 2015 (Hall 19, Stand A2).
Apaseal exclusive Corghi distributor for over 40 years
Following reports of different distribution arrangements in England and wales, Apaseal representatives recently contacted Tyres & Accessories in order to clarify that Apaseal is in fact the exclusive distributor of Corghi in Northern Ireland and the Republic of Ireland, a role it has successfully maintained – and indeed grown – for over 40 years.
Rema Tip Top signs Corghi distribution agreement
Rema Tip Top Automotive UK has secured a new distribution agreement with Corghi SpA covering England, Wales and Scotland. According to the company, the deal pairs the international Corghi range of workshop equipment with Rema Tip Top’s portfolio of consumables and workshop tools for the first time.
Corghi – tradition and innovation
Corghi’s Artiglio Master Code, released half a century after the company first introduced the automatic changer, remains the Italian manufacturer’s flagship light tyre changer. The Master Code utilises ‘leva la leva’, or leverless technology – which Corghi also pioneered a dozen years ago – and features automatic wheel dimension acquisition, enabling automatic tool positioning, and the Smart Corghi System demounting procedure; with these functions, opines the Nexion s.p.a company, the Master Code “rewrites the rule book for tyre changers.”