Tag: Italy

Marangoni Meccanica “restarts”, appoints new CEO, broadens board

Marangoni Meccanica “restarts”, appoints new CEO, broadens board

2nd September 2019 | 0 Comments

Two months have passed since Marangoni Meccanica changed hands, exiting the Marangoni Group with 10 million euros of recapitalization from new local partners: The Finanziaria Trentina, Alpenring, the South Tyrol-based financial firm Caran and now Marangoni Meccani has appointed a new CEO and broadened its board make-up. All this amounts to a “restart”, according to […]

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Univergomma acquires Overgom

Univergomma acquires Overgom

31st July 2019 | 0 Comments

Univergomma recently completed the acquisition of 100 per cent of Overgom’s shares. Overgom, founded in 1977 by Arenzo Girardi as a regional wholesaler, has grown over the years to become a leading tyre distributor in Italy and abroad.

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American football: BKT the presenting sponsor for U19 European Championship

American football: BKT the presenting sponsor for U19 European Championship

24th July 2019 | 0 Comments

American football isn’t a mainstream sport in Europe – not yet, anyway. But its fanbase on this side of the Atlantic is growing, and audience numbers will be helped by next month’s 2019 IFAF Women’s European Championship in the UK and – starting next week – the 2019 U19 European Championship in Bologna, Italy. Off-highway tyre maker BKT is presenting sponsor of the latter event.

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Cemb buys M&B Engineering

Cemb buys M&B Engineering

16th July 2019 | 0 Comments

On 2 July Cemb S.p.A., the leading balancing machines and vibration analysis systems manufacturer, announced that it had acquired M&B Engineering, an important player in garage equipment production. Cemb reports that it is beginning “the internal production of tyre changers” as a result of the purchase. None of the financial details associated with the transaction have yet been revealed.

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Fintyre now sole Italy distributor for Triangle tyres

Fintyre now sole Italy distributor for Triangle tyres

12th July 2019 | 0 Comments

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.”

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Toyo partnering Tough Mudder in Italy

Toyo partnering Tough Mudder in Italy

3rd July 2019 | 0 Comments

Toyo Tires has partnered Tough Mudder in Germany and Great Britain since 2018. Now the tyre manufacturer has announced that it is expanding its partnership with Tough Mudder by extending its 2019 deal into Italy. As a result, Toyo will be an official partner for both of the inaugural Italian events on September 14/15 in Milan as well as on October 26/27 in Rome.

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Fintyre wins Milan public transport tender

2nd July 2019 | 0 Comments

Italian distributor of replacement tyres, Fintyre has been awarded the tender for the supply of tyres for public transport vehicles, launched by ATM (Azienda Trasporti Milanesi), with an auction base of 2.632 million euro.

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Autopromotec: Changing Europe makes cooperation more important

Autopromotec: Changing Europe makes cooperation more important

1st July 2019 | 0 Comments

When the doors for Autopromotec 2019 opened at the end of May, the show organisers were already reporting a 4.4 per cent increase in the number of exhibitors. More than 1,650 companies exhibited at Autopromotec 2019. 43 per cent were non-Italian companies from 53 different countries. It has undoubtedly become a large and influential international show, but how will this work in a post-Brexit environment?

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Brembo extends premium offer with UHP to track-day range

Brembo extends premium offer with UHP to track-day range

28th June 2019 | 0 Comments

Mention Brembo and the Italian manufacturer’s brightly coloured brake callipers immediately spring to mind. At the same time, the brand carries with it messages of premium quality, OE fitments on the best-known cars and top-flight motorsport credentials. During Autopromotec Tyres & Accessories Alfredo Albarella, Area Manager BU Aftermarket Brembo SpA and heard about how Brembo’s latest “Xtra” UHP brake range and “Expert” dealer both aim to offer customers something extra.

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Reports: Brembo aiming for largescale acquisition

28th June 2019 | 0 Comments

Brembo is lining up a “significant size” acquisition, even as large as the brake maker itself. Local newspaper Il Sole 24 Ore quoted Brembo executive vice-president matteo tiraboschi as saying that the company is looking for potential targets outside Italy, especially in Europe and the US and even China: "It must a healthy company of a certain size - with good numbers, technology and R&D - that fits our business”.

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Triangle moving to make its mark in Europe

Triangle moving to make its mark in Europe

27th June 2019 | 0 Comments

In 2016 Triangle Tyre completed its initial public offering (IPO) on the Shanghai Stock Exchange. Back then Triangle’s top management promised that the company would invest in expanding its position in key markets – including Europe. Sure enough, in 2017 a new European leadership team was appointment and shortly afterwards a new European headquarters was opened in Milan. But around the same time, European anti-Chinese truck tyre import duties were also introduced. For many companies this meant the end of Chinese truck tyre business in tariff areas. So how has Triangle faired in this adverse business climate? Nearly two years after their appointment, Tyres & Accessories caught up with Triangle executives Corrado Moglia, general manager – Europe; Angelo Giannangeli, European marketing director; and Mirco Spiniella, business development director Europe in order to answer that question.

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Triangle Autopromotec 2019 product round-up

27th June 2019 | 0 Comments

Triangle products on-show at Autopromotec Show in Bologna in May mainly centred on the company’s refreshed car tyre range, which now incorporates a new winter ultra-high performance pattern – the new Snowlink PL02.

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Marangoni spins off Meccanica business

Marangoni spins off Meccanica business

14th June 2019 | 0 Comments

Marangoni has spun off its Meccanica, which designs and manufactures tyre-making equipment. According to a company statement received on 14 June 2019, Marangoni Meccanica has now, therefore, been separated from the main body of the Marangoni Group.

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Have the truck tyre import tariffs ‘worked’?

Have the truck tyre import tariffs ‘worked’?

5th June 2019 | 0 Comments

The size of the UK truck tyre market by sell-out unit volume fell 9.8 per cent in 2018 set against the backdrop of European import tariffs, according to GfK data presented at Autopromotec 2019. But what do the tell us about the effectiveness of the tariffs?

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Namwook Jung heading Kumho in Italy

Namwook Jung heading Kumho in Italy

24th May 2019 | 0 Comments

On 1 May, Namwook Jung took over as head of Kumho Tire Italia. He joined the Italian operation after leading the tyre maker’s business in Germany since December 2017.

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