Shares amounting to roughly a quarter of Marangoni Holding SpA are up for sale in three lots equal to 8.57 per cent (or 16,756 shares) each. The shares, currently held by Ma.Gi.Ma Srl based in Trento, will go to auction on 9 December 2020. The price of base of each lot is 1,423,125.00 euros and therefore a total of 4,269,375 euros.
Speedline Truck has added the SLT 3698 to its range of forged light alloy wheels. According to the company, the SLT 3698 is the first forged light alloy truck wheel in 22.5 x 9.75-inch to meet the more “extreme” needs of megatrailers.
Nexion SpA has agreed to acquire Kompunet Informatica, a leading software and data provider in the automotive sector. As a result, Kompunet will become part of the Nexion Group. Kompunet CEO Antonio Russo will remain in the group carrying out the Kompunet projects.
The Al Dobowi Group has discussed its strategies for the support of its Infinity and Eternity brands in Europe. The Infinity brand has been present in the European market for more than ten years; it is the brand with which Al Dobowi has established itself in Europe. The Dubai based group embellishes its offer with exclusive distribution agreements and continuous investments to increase the popularity of the brand. Tyrepress sister site PneusNews.it explains how the group’s partners in Europe have supported its brands during the pandemic in 2020, and what its future plans are on the continent. “We want to further accelerate the Eternity project across Europe,” said Riccardo Costa, general manager of Al Dobowi Europe.
Sice has launched a new website after analyzing visitor statistics from the last few years. In response, the new Sice.it site been rationalized allowing “more intuitive navigation between the various sections, giving priority to products”.
Cooper Tire Europe has appointed Fintyre as the exclusive distributor of its light vehicle tyres to the Italian market. Under the deal, Cooper will supply passenger car, SUV (sport utility vehicle) and van tires through Fintyre. By joining forces with Fintyre, Cooper will enhance its supply chain in this key European market.
Pirelli’s bike rental service is supplying two new e-bikes, the Nomades for urban use and the Montagel for gravel tracks, to hotels and businesses. The two e-bikes will be integrated into some rental packages and also available for direct purchase through the brand’s CYCL-e around website. Pirelli has recently added several new cycling tyres to its range, while its bike rental service presents further support for its sustainable and active mobility interests. It is particularly emphasising the use of its rental service for urban travel or vacation use. Therefore, CYCL-e around targets high-level hotels and companies that want to make a practical and sustainable vehicle available to employees and visitors. The two new Pirelli e-bikes are made in collaboration with Stajvelo, one of the emerging players in electric mobility, based in Monaco. For more information, visit our sister website in Italy, PneusNews.it.
Engine products and drive systems supplier Dayco has opened a food bank at two of its Italian facilities, in order to further support those in need via the Italian Red Cross. The Covid-19 pandemic has negatively impacted the world economy and had serious consequences on a regional level, which has also affected many communities.
Pirelli has begun its 2021 World Rally Championship campaign with two days of private tyre testing in Sardinia. The first day is devoted to gravel and the second day on asphalt. At the wheel of Pirelli’s uniquely-liveried Citroen C3 WRC test car will be Norway’s Andreas Mikkelsen, co-driven by his compatriot Anders Jaeger. The former Volkswagen, Citroen and Hyundai factory driver will be spearheading the development of the latest-generation Pirelli Scorpion tyres for gravel and P Zero tyres for asphalt, which will be supplied exclusively to the World Rally Championship from 2021 to 2024. The new tyres will eventually join the studded Sottozero Ice already displayed at the 2020 GP Ice Race in January in the manufacturer’s WRC tyre line-up.
Alejandro Recasens has joined Apollo Vredestein as Cluster Director South-West, responsible for Spain, France, Italy and Portugal. Having had a successful career with Pirelli Tyres spanning two decades, Recasens is now spearheading Apollo Vredestein’s plans for growth in the markets of southwestern Europe.
On 15 June 2020 Italian tyre distributor Fintyre filed an application for admission into a debt restructuring arrangement with creditors to preserve “business continuity and better safeguard the interests of its creditors and of all the subjects who, for various reasons, have relationships with Fintyre”, according to our Italian group publication PneusNews.it. Related businesses Franco Gomme and Tire Retail (Pneusmarket) are not part of the arrangement.
For the three national markets of France, Italy and Spain, combined new light vehicle sales fell by 55 per cent on last year to 268,000 in May, which compares with a 75 per cent drop in March and a 93 per cent decline in April. This represents a slightly better scenario than had been anticipated, as Calum MacRae, automotive analyst at GlobalData, explains: “After the seized up and locked down markets of March and April, this is a welcome sign of life in markets that were the first in Europe to be engulfed by the COVID-19 outbreak.