Norgesdekk AS agreed to buy 100 per cent of Hjulius Dekk og Felg AS on 17 October 2014. The strategy behind the move is to strengthen Norgesdekk’s position on the Norwegian South Coast in particular but there are also said to be “other synergies”. Following this acquisition Norgesdekk will have seven wholesale warehouses, serving customers selling tyres and wheels of all kinds across Norway. The latest announcement follows the purchase of P. Holth AS at the end of 2012 in a similar move.
Norgesdekk AS has bought P. Holth AS in a move that sees the company expand to five locations. The business already has operations in Bergen, Jaeren Kristiansand and Tonsberg, Norway. According to the company, the expansion takes effect on 1 January 2013.