• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / European FinTyre Distribution (EfTD)

Posts

Fintyre bidder Springwater’s offer includes 50 million euro capital increase

Company News, International News

The Springwater Capital financial group has made a binding offer for Fintyre, which is currently controlled by Bain Capital. No details have officially been released, but some Italian news sources are reporting that the Springwater offer includes a capital increase of 50 million euros. The company has been in talks with potential new investors since May.

Read more

Related news:

  1. European FinTyre Distribution buys Reifen Krieg
  2. EfTD rebrands as Fintyre Group
  3. Fintyre acquisition shows fast-growing firm is ‘doing OK’
  4. FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice
26th November 2020/by Chris

Fintyre in talks with “potential new investors”

News

Fintyre, the large but troubled European tyre distribution enterprise, has confirmed that it is talking to “potential new investors” in a statement designed to clarify its ongoing position “given the events that have taken place in the last few months”.

Read more

Related news:

  1. European FinTyre Distribution buys Reifen Krieg
  2. Fintyre platform company acquires Reiff Reifen & Autotechnik
  3. Fintyre to open London head office
  4. EfTD rebrands as Fintyre Group
27th May 2020/by Chris

German Fintyre Group almost completely in bankruptcy

Company News, International News
German Fintyre Group bankruptcy

Just a few days after bankruptcy proceedings were initiated by Reifen Krieg GmbH, several other companies under the umbrella of the German Fintyre Group are now bankrupt, including almost all of the companies relevant to the operating business.

Read more

Related news:

  1. Search for Fintyre investor begins as employees receive insolvency benefits
  2. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  3. Insolvency proceedings begin for 7 Fintyre Group companies in Germany
  4. Buyers found for 2 more Fintyre businesses in Germany
12th February 2020/by Chris

EfTD rebrands as Fintyre Group

Company News

Wholesaler European Fintyre Distribution Limited (EfTD) has changed its name. As of yesterday, the firm is known as Fintyre Group.

Read more

Related news:

  1. Restructuring announced as Fintyre Group misses January wages
  2. Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”
  3. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  4. Fintyre Group’s Reifen Krieg files for bankruptcy
17th September 2019/by Stephen

Fintyre now sole Italy distributor for Triangle tyres

Company News, International News

Wholesaler Fintyre has gained exclusive Italian market distribution of the entire Triangle PCR portfolio, including the recently-presented overhauled Triangle tyre range for Europe. Triangle Tyre chose the European Fintyre Distribution (EfTD) member company thanks to its “extensive distribution coverage, its competence that distinguishes the company and its widespread presence on the Italian territory.”

Read more

Related news:

  1. ‘Only efficiency will save tyre distributors’ – Top 5 European tyre wholesaler Fintyre
  2. Bain Capital acquires Fintyre
  3. Tyre wholesale: acquisition gives Italy’s Fintyre national coverage
  4. EfTD rebrands as Fintyre Group
12th July 2019/by Stephen

Fintyre appoints Stephen Childs group chief commercial officer

Career Tracks, Company News

Pan-European tyre distributor European FinTyre Distribution (EfTD) has appointed Stephen Childs as its new group chief commercial officer, effective 3 June. Childs has 14 years’ experience in the tyre industry, including in-depth knowledge of marketing, pricing, gross margin management, inventory control, and supplier relations. His previous role was commercial director of European Tyre Enterprises Ltd, covering Stapleton’s Tyre Services and Kwik Fit in the UK.

Read more

Related news:

  1. EfTD growing with the ‘right opportunities and matches’
  2. EfTD rebrands as Fintyre Group
  3. German Fintyre Group almost completely in bankruptcy
  4. Micheldever appoints Mitchell as wholesale director
4th June 2019/by Andrew

EfTD: Turnover grows 46% to €1.1 billion

Company News

Tyre wholesaler European FinTyre Distribution (EfTD), a Bain Capital company, reports a turnover of 1.1 billion euros for the 2018 financial year, a 46 per cent year-on-year increase. EBITDA reportedly rose 83 per cent year-on-year. This positive net cash flow helped finance its acquisition of RS Exclusiv, which was completed in May 2019 and increased the group’s turnover to approximately 1.2 billion euros. According to chief executive officer Mauro Pessi, the company anticipates a turnover of 1.3 billion euros this year.

Read more

Related news:

  1. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  2. EfTD growing with the ‘right opportunities and matches’
  3. FinTyre completes Rs Exclusivreifengrosshandel and Tyrexpert Reifen + Autoservice acquisition
  4. Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”
29th May 2019/by Stephen

FinTyre completes Rs Exclusivreifengrosshandel and Tyrexpert Reifen + Autoservice acquisition

Company News, International News

Following the announcement made on 28 December 2018, on 10 May 2019, European FinTyre Distribution (EfTD) announced that it has completed the acquisition of 100 per cent of German tyre firms Rs ExclusivReifengrosshandel GmbH and Tyrexpert Reifen+Autoservice GmbH.

Read more

Related news:

  1. Fintyre to open London head office
  2. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  3. Mobivia Groupe to acquire ATU
  4. European FinTyre Distribution buys Reifen Krieg
10th May 2019/by Chris

EfTD growing with the ‘right opportunities and matches’

Company News, Premium

European FinTyre Distribution (EfTD) has grown at a rate of knots since Bain Capital first acquired Italian tyre wholesaler Fintyre in the first quarter of 2017. At the time, Bain Capital Private Equity managing director Ivano Sessa stated his confidence in Fintyre’s “substantial growth potential both organically and through consolidation in a fragmented Italian and European tyre distribution market,” and later on the private equity fund put its money where its mouth was.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. EfTD: Turnover grows 46% to €1.1 billion
  2. Fintyre appoints Stephen Childs group chief commercial officer
  3. Fintyre now sole Italy distributor for Triangle tyres
  4. EfTD rebrands as Fintyre Group
8th May 2019/by Stephen

EfTD names Riccardo Costa as purchasing director, Truck & Motorcycle

Career Tracks, International News

European FinTyre Distribution (EfTD) has appointed Riccardo Costa as purchasing director Business Truck & Motorcycle. In this role he will report directly to Alessandro Bruchi, Chief Procurement Officer of EfTD.

Read more

Related news:

  1. FinTyre appoints Nicola Melillo as SVP
  2. Martin West to Head New Sailun Europe Operation
  3. Kohaupt takes on emerging market role at Goodyear Dunlop
  4. Goodyear Promotes Three in Consumer Tyre Organisation
4th April 2019/by Chris

FinTyre appoints Nicola Melillo as SVP

Career Tracks, Company News, International News

European FinTyre Distribution (EfTD) has appointed Nicola Melillo as Senior Vice President Corporate Affairs & Organization. In his new role, Melillo reports to Mauro Pessi, Group CEO. Here he will manage strategic areas such as HR & Organization, Information Technology, Communication, Legal e Compliance and Internal Audit.

Read more

Related news:

  1. EfTD names Riccardo Costa as purchasing director, Truck & Motorcycle
  2. DriveRight appoints new chairman, international staff
  3. Triangle Tyre appoints new European team
  4. European FinTyre appoints Massimiliano Messina as CFO
2nd October 2018/by Chris

Popular Articles Today

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top