When NDI Group recently dropped its plan to acquire Euromaster Danmark after the Danish Competition and Consumer Authority voiced concerns about competition, Euromaster Group commented that its future may include “a possible new agreement with NDI” that covers “some” of its activities in Denmark. And so it is – Super Dæk Service, the tyre and workshop chain owned by NDI, has agreed to acquire nine Euromaster branches.
The Danish Competition and Consumer Authority has suspended its investigation into the planned NDI Group acquisition of Euromaster Danmark. Following the collapse of the two companies’ planned merger, the Euromaster Group announced that it will “not continue its activities in Demark” after the end of 2023.
Nokian Tyres is taking part in a research project that aims to improve the quality and yield of recycled carbon black from end-of-life tyres, with the goal of using this material more extensively in tyre and rubber products. The two-year development project is coordinated by Windspace Group A/S and co-financed by government initiative the Danish Eco-Innovation Program.
Despite its turnover increasing 4.6 per cent to more than 62 million euros in 2022 – a new record for the company – tyre recycler Genan reports that decreasing steel prices and significantly higher energy and freight costs more than halved its year-on-year earnings to less than 1.5 million euros. In response, the company is now speeding up its ongoing work to invest in renewable energy sources.
Genan has appointed Michael Christensen as its new application development manager. Christensen lives in Denmark and has more than 40 years of experience in tyre and rubber recycling. Effective 1 February 2023, Christensen will act as the link between sales, marketing and innovation in Genan.
Effective 4 January 2023, Thomas Harbo has been appointed as CEO of Euromaster Danmark A/S. Thomas replaces Henrik Fusager, who since August 2022 has held the dual role of CEO of both Euromaster Denmark and Euromaster Switzerland.
Denmark’s NDI Group presented examples of its new Nordexx off-highway tyre range at The Tire Cologne in May, and now says it is “ready to deliver” these tyres to customers around the world. The Nordexx range for industrial machinery is available in 37 different SKUs in 25- to 29-inch sizes.”
They are a stoic bunch and nobody has come forward to seek professional help so far, but participants in the Tour de France 2022 may be forgiven for wondering if they’d experienced a collective hallucination during the gruelling 2,081-mile race. For at a strategic location along the 21-stage route between Copenhagen and Paris, cyclists were confronted by the looming presence of an oversized agricultural tyre.
The farming research collaboration between the NDI Group and Danish Agricultural Research company Seges continues its cooperation with a new scientific experiment that compares the efficiency of two different wheel solutions when sowing.
Under an expanded cooperation, end-of-life tyre (ELT) recycling equipment manufacturer Eldan Recycling A/S and pyrolysis technology developer Pyrum Innovations AG will include each other’s products in their complete recycling solutions. The Danish and German firms say they’ll distribute these solutions “actively”.
A pilot project that Continental began with Share Now in late 2020 is progressing into a broader partnership that will see the car sharing firm’s Danish vehicle fleet fitted with Continental AllSeasonContact tyres and monitored under a Conti360° Solutions contract. The partnership includes new innovations, including algorithm-based, real-time tread depth monitoring.
End-of-life tyre recycling firm Genan has a new majority shareholder after PKA, sole owner of Genan since 2014, agreed to sell 51 per cent of its shares in the company to Maj Invest Equity 5 K/S, a fund overseen by one of Denmark’s leading asset management companies. PKA continues to co-own Genan as minority shareholder.
In response to increased global demand from the farming sector for customised rim solutions, NDI Group is increasing capacity at its rim factory in Brørup, Denmark. It is doing so through an expansion of its production facility, and describes the work carried out as a “first step”. NDI anticipates completing the expansion in early 2022.
Continental has demonstrated real-time tyre tread depth monitoring during a pilot project with Danish carsharing provider Share Now and telemetry specialist Traffilog. The project confirmed Continental’s ability to predict tyre tread depth in real-time to an accuracy within one millimetre.