Michelin North America, Inc. and Boeing have signed a renewal of the two parties’ authorised distribution agreement, extending the current agreement through December 2028. The agreement reaffirms Boeing Distribution as a global distributor for Michelin’s full line of cross-ply and radial aviation tyres, as well as tubes for the business, commercial, regional, military and general aviation markets.
Nokian Heavy Tyres now has a second partner in the UK. RH Claydon Ltd. is distributing Nokian forestry and agricultural tyres from its warehouses after entering into an agreement with the tyre maker. RH Claydon reports that it now stocks these products in most popular tread patterns and sizes, with next-day availability in certain locations.
vGroup has announced that it’s been selected as an exclusive distributor of a selection of Michelin products by the official licensee holder in the UK. As a market leader of finished products for the car, van, and home vGroup International is pleased to expand its portfolio with the Michelin range.
Grupo Andrés, a leading tyre distributor in the Iberian Peninsula, has acquired a 20% stake in specialist financial management consultancy iFinanciera. Explaining the decision to invest, Javier Andrés Herrera states that involvement in iFinanciera is closely linked to the development and growth of Grupo Andrés’ own companies and provides important synergies.
Goodyear has unveiled a new partnership with Exclusive Wheel and Tyre Distributors in new go-to-market strategy for Goodyear’s South African truck tyre business. Goodyear South Africa managing director, Richard Fourie says the partnership “forms part of our drive to enhance service and efficiency to customers and underlines our commitment to the sustainable growth of the industry.”
Ebrahim K. Kanoo has become the official distributor of Davanti Tyres in Bahrain. The diversified conglomerate provides comprehensive maintenance services at its Michelin-certified retail network, Tyreplus. In addition to an extensive range of high-quality tyres, Tyreplus also offers lubricants, batteries, suspension, and brake systems for a wide variety of vehicles. Branches manned by experienced technicians can be found in Tubli, Muharraq, Sitra, Saar, Salmabad and Hidd.
Davanti tyres are to be distributed by FTC Kuwait. The subsidiary of KAICO (Kuwait Automotive Imports Co) currently operates five tyre outlets – soon to be seven. The company has business interests in Saudi Arabia and UAE, and is involved in leasing, parts, tyres and lubricants. The strategic partnership is targeting annual sales in the Gulf country’s tyre market of 100,000 units.
In September, Stapleton’s Tyre Services became the exclusive Great Britain distributor of Triangle passenger car and van tyres. The deal, which has been in the making for the last couple of years, will build on the strengthening relationship between Triangle Tyre and the UK’s largest tyre wholesaler. It was finalised after comprehensive testing of the Triangle range by Stapleton’s and its ultimate parent company Itochu. In recent years, the company has become the largest distributor of Triangle products in Europe. Stapleton’s states that Triangle is a “strong strategic fit in the economy segment” of its portfolio. It will make the brand available to “all customers in every channel.” Unveiling the deal, Stapleton’s hosted key dealer customers and European representatives of Triangle at PalmerSport at the Bedford Autodrome. Tyres & Accessories also attended the event, taking the opportunity to speak to Stapleton’s managing director Andy Fern, who took the reigns in the first quarter of 2020 just before the Covid-19 pandemic disrupted business as usual, about the new deal and the evolution of the Stapleton’s business under his leadership.
Triangle Tyre has signed an exclusive Great Britain distribution agreement with the island’s largest tyre wholesaler, Stapleton’s Tyre Services. The deal means Stapleton’s gets sole distribution rights for Triangle branded passenger car and van tyres within Great Britain, building on the strengthening relationship between the two companies. In recent years, Stapleton’s has become the largest distributor of Triangle products in Europe.
From 1 October 2022, Apollo Tyres will stop direct sales of Vredestein tyres in Norway and transfer distribution to wholesaler Norgesdekk. The two parties have negotiated an exclusive distribution deal covering supply of Vredestein-brand passenger car, light truck and classic tyres. Apollo Tyres Nordic AB will continue to sell the company’s off-highway and truck/bus products in all Nordic markets.
Davanti Tyres launched its recent entrance into the Italian market directly via its new subsidiary, Davanti Tyres SRL, at Autopromotec 2022. The wholly owned subsidiary of Davanti Tyres UK has been established with a dedicated team and logistical operation in Italy. The company wants its new subsidiary to build a network of tyre retailers across Italy.
Giti Tire has extended its non-exclusive distribution agreement with long-term Nordics partner Vianor. The new extension will run until 2024, which will mean the relationship between the companies will pass its 20th anniversary. The deal covers GT Radial passenger car, SUV and light truck tyres (both summer and winter) and Giti heavy truck and bus products in Finland, Norway and Sweden. Vianor distributes tyres through its own self-branded stores and independent retailers, at more than 500 points of sales.
Swedish tyre wholesaler is now the exclusive distributor of the Vredestein range of car, light commercial and classic tyres in Sweden and Finland. Apollo Tyres will end direct sales to retailers of these Vredestein tyre categories as of 1 March 2022 and instead actively support Amring in further building the brand’s market share in these two markets. Apollo Tyres Nordic AB will continue selling Apollo TBR and OHT products directly in all Nordic markets.
Falken Tyre Europe has further expanded its warehousing in Germany by becoming an anchor tenant of tyre wholesaler Tyroo GmbH. Located near the centre of Germany, the Tyreoo site in Neuhof enables Falken to continue developing its retail strategy, expand its customer base amongst car dealers and increase its presence in the German market.
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