Commenting on its agreement in principle to buy a majority stake in European Agriculture Tyre Distributor (EATD), Mahansaria Tyres Private Limited (MTPL) states that it intends to build a global, market leading off-highway tyre business. MTPL describes the acquisition as its first step towards building its distribution network in Europe and developing EATD into “a leading” European distributor. EATD has also announced that it will distribute MTPL tyres in Germany, Austria, Switzerland, Belgium, Netherlands, Czech Republic, Slovakia and Poland, along with continuing to act as a distributor for Tianli tyres.
EATD recently disclosed plans to bring a new investor on board, and when we spotted Yogesh Mahansaria visiting the distributor’s stand at Agritechnica 2019 the list of potential investor candidates suddenly became a whole lot shorter. Mahansaria is indeed the new investor; EATD confirms that Mahansaria Tyres Private Limited (MTPL) has reached an in-principle agreement to acquire a major stake in the company.
Spanish tyre distributor Grupo Soledad has entered into an agreement with Sailun Tyre that gives it exclusive distribution of the Sailun brand in Spain and Portugal. The distribution agreement was signed by the Sailun Group’s European management and José Pérez, commercial director of Grupo Soledad.
LKQ Corporation has announced the forthcoming retirement of its European executive vice president and CEO, John S Quinn, and the selection of Arnd Franz, current chief operating officer of LKQ Europe, to succeed him effective 1 October, 2019.
Alliance Tire Group (ATG) has announced that, as of this month, Europa Tyres is its main wholesale distributor for the Galaxy tyre brand in mainland UK. Europa Tyres will distribute the complete Galaxy range, including radial OTR and solid tyres.
Continental is planning to open a Middle East regional office in Jeddah, Saudi Arabia. The joint venture project with the company’s previous distributor in Saudi Arabia, Almutlak Trade & Industries, will support growing demand for Continental’s products and services in the kingdom, according to the company.
An all-new Momo tyre range has been developed, with Wheelwright appointed UK distributor for these products. For Benelux markets, wholesale S&H Tyres reports that its VDR Autobanden bvba subsidiary will exclusively distribute the Momo tyre and rim line-up.
Dublin-based Industrial Tyre Specialists (ITS) has been appointed the aftermarket distributor for Camso products in Ireland. ITS will distribute the full line-up of Camso products for the construction and material handling segments, offering next-day delivery nationwide.
Ready for the summer season, the STARCO subsidiary in Switzerland has received the first car tyres from Kenda and is ready to begin its new role as the brand’s national distributor. Commenting on the new arrangement, STARCO’s Richard Todd noted that the company was exploring many synergies with Kenda over both the short and long-term.
Davanti will be distributed in South Africa by Tyremart, one of the country’s largest independent tyre fitment franchises. With immediate effect, Tyremart will promote and sell the complete Davanti range of car, 4×4/SUV and light commercial vehicle tyres having signed an exclusive distribution agreement.
Midwest Motor Factors, part of Arnold Clark Automobiles Ltd, has joined automotive trading group Groupauto. Midwest Motor Factors operates out of six branches across the West Midlands alongside the award-winning Monmore Auto Parts branch, which is based in Wolverhampton. All operations will join Groupauto with immediate effect.
Bodykit creator Liberty Walk has announced its official presence in the UK by appointing The Performance Company (TPC) in Northampton as its sole British distributor. The Wellingborough based firm, which also recently added AirRex air suspension systems to its portfolio, said the deal would augment other blue-chip names like Remus, Pipercross, Ultra Racing and V-Maxx in its portfolio.
Autoparts UK was named the UAN distributor of the year at the recent Groupauto/UAN Gala Dinner and Trade Show. The parts distributor, which operates out of 12 branches with a head office in Glasgow, Scotland, has been a member of the group for nearly 10 years.
Solid Auto (UK) Ltd has become an official UK distributor for Denso aftermarket products. The West Midlands business is rapidly expanding its supply portfolio and states that the addition of the Denso brand will further complement the company’s specialism in the supply of Japanese and Korean car parts. The manufacturer’s spark plugs will initially be available from Solid Auto UK with more product groups likely to be added in the future.