As mentioned on Tyrepress.com yesterday, the future of tyre making at the site of Bridgestone’s recently-closed Béthune in France has been secured by a deal signed this month between major European vehicle maintenance and mobility firm Mobivia and French retreading specialist Black Star. With support from Bridgestone, the partners are gearing up to retread car, SUV and light commercial vehicle tyres in Béthune – products that Bridgestone intends to sell through selected retail outlets.
Major European vehicle maintenance and mobility firm Mobivia and French retreading specialist Black Star have signed an agreement covering the collection, sorting and retreading of passenger car tyres at the site of Bridgestone’s former Béthune plant in France. Bridgestone is lending its support to the project, which will commence in January and is expected to create nearly 200 jobs by 2025, thus providing employment for many former Bridgestone workers.
Halfords and Mobivia have forged a joint purchasing alliance relating to own-brand products. The idea is to offer “more effective joint product development and greater innovation in both companies’ motoring and cycling ranges”.
A change at the top has been announced at A.T.U., the European automotive services provider that Michelin acquired a 20 per cent share in earlier this year. After serving as chief executive officer for the past three years, Jörn Werner is stepping out of the company’s operative business and has become chairman of the company’s Supervisory Board. He succeeds Fabien Derville, who is president of majority shareholder, Mobivia Groupe.
The Michelin Group has purchased a 20 per cent share in German automotive services provider A.T.U. (Auto-Teile-Unger). The minority stake was acquired from French automotive maintenance and repair services group Mobivia Groupe for 60 million euros; following the acquisition, Mobivia and Michelin intend to combine their expertise in order to further develop A.T.U. in Germany, Austria and Switzerland.
German tyre retail and fast fit chain A.T.U. has been sold to France’s Mobivia Groupe. Several hours ahead of a predetermined deadline, New York-based hedge Fund Centerbridge Partners LP, which has owned the network since 2013, successfully negotiated a significant rent reduction with the landlords of its outlet sites, including Lino Management, owner of 273 A.T.U. sites. According to reports, the annual leasing cost for the centres located on Lino-owned properties will fall from 57 million to 30 million euros. The rent reduction clears the way for Mobivia Groupe’s acquisition of the more than 600 A.T.U. centres in Germany, Austria and Switzerland.
Late last month it seemed the planned acquisition of A.T.U. by France’s Mobivia would deliver “synergies and interesting development opportunities” for the German tyre and car maintenance chain, however it now appears this appraisal was slightly optimistic. According to information appearing in German publication ‘Manager Magazin’, a major hurdle still stands in the way of the proposed deal’s completion.
The France-based Mobivia Groupe, Europe’s largest independent automotive maintenance and repair services group, based in France, has agreed to acquire leading German autocentre chain ATU. Combined annual sales are expected to be roughly 2.7 billion euros, while there will be close to 2,000 automotive workshops and retail stores and over 20,000 employees in the group.
Mobivia and Point S have agreed a procurement alliance. According to the two companies, this strategic alliance will cover the listing and sourcing of the products ranges purchased by both Groups – that is tyres and car parts – for the markets they cover. However, while the two organisations are working together in terms of purchasing, under the terms of the alliance each group remains autonomous when it comes to the management of its network, policies and development.
Szabolcs Schmidt, head of the European Commission's road safety unit, said he agrees that winter tyres could improve road safety. He announced there will be a 2013 EU study to evaluate the role that tyres could have in increasing road safety. Schmidt spoke at a policy breakfast at the European Parliament hosted by German MEP Dieter-Lebrecht Koch, who is vice chairman of the body's transport committee. The event was organised by Mobivia Groupe with the support of the European Tyre and Rubber Manufacturers' Association.