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.
NDI Group is relaunching its Nordexx private label. The tyre distributor says it has developed a new logo as part of its strategy to grow Nordexx in the future. These efforts to create a more distinctive and recognisable brand are being backed up with marketing support for Nordexx distributors and partners.
Rudolf Perner is now heading up Nokian Tyres’ operation in a number of Central European markets. The company recently reported that as managing director of Nokian Tyres GmbH, Perner took on responsibility for operations in Germany, Austria, Switzerland, Denmark and the Netherlands as of 1 August 2020.
The deadlines set out in two of the memoranda of understandings signed between Scandinavian Enviro Systems (Enviro) and firms based in Denmark, the USA and Canada last year may have passed, yet Enviro says this “will not affect the outcome of the negotiations or the possibility of opening the various plants.” The Swedish company still expects to establish joint venture tyre recycling plants with all three partners in the not too distant future.
Lighting and electronics specialist Hella has concluded the sale of the Danish and Polish wholesale businesses FTZ and Inter-Team. After approval by the antitrust authorities responsible, both companies were transferred to the Swedish wholesaler Mekonomen. Subject to the terms of the transaction, the purchase price amounts to 395 million euro.
GKN Wheels and Structures is commissioning a brand new manufacturing cell at its plant in Nagbøl, Denmark.
The programme will see the introduction of robotic technology, with the largest and fastest robot in Denmark being installed to improve both the company’s speed of manufacture and flexibility of production. On completion, the new manufacturing cell will be capable of producing very small batch sizes efficiently and cost-effectively, with changeover times brought down to an absolute minimum. Depending on customer’s specific requirements, the new production cell can also weld different valve guards and make a high spot mark.
In Denmark the best national teams will cross sticks at the 2018 IIHF Ice Hockey World Championship from May 4 to 20. The German oil and additive specialist Liqui Moly is the official sponsor of the competitions that will be carried out in Copenhagen and Herning.
Denmark’s STARCO has called Skovby, near Aarhus, its home since 1993, however its headquarters site for the past 23 years was recently sold to Germany’s Bohnenkamp as part of the divestment of STARCO’s aftermarket activities. Bohnenkamp A/S – the company previously known as STARCO A/S – is now located in the 4,500 square metre office and warehouse facility in Skovby, and STARCO employees have moved to 515 square metres of rented office space in nearby Brabrand.
Two years ago Just Easy Tools – a Danish manufacturer and inventor of tyre manipulators and wheel service Equipment – introduced a special three-point gripping mechanism for safe and effective tyre handling during Reifen 2014. The company returns for the 2016 show and gave Tyres & Accessories this interview with Just Easy Tools CEO, Lars Jorgensen.
Giti Tire has strengthened its Northern European operations with Åke Älmdalen appointed as Business Development Manager – Nordics and Amaury Pouzet extending his remit to General Manager – France and Benelux. Åke Älmdalen will be responsible for increasing existing business in Denmark, Finland, Iceland, Norway and Sweden across both Passenger Car and Light Truck (PCR) […]
Danish tyre wholesaler Nordisk Dæk Import (NDI) aims to significantly develop its market presence in neighbouring Germany. Carsten Andersen, area sales manager for the Brørup-based company, says NDI is currently searching for a dozen or so partners to take over distribution of its Nordexx private brand in Germany.
Danish pension fund PKA, accountancy firm Deloitte and a group of four bank lenders have signed an agreement to secure the future of tyre recycling company Genan. This agreement aims to safeguard jobs and ensure Genan’s continued existence. At the same time, a new chairman of the Genan Board of Directors has been instated.