Nokian Tyres Strengthens Retail Network
Nokian Tyres strengthens its retail network by purchasing Rengasmestarit-Kumi-Helenius Group that has 31 tyre retail outlets in Finland. After the acquisition, Nokian Tyres’ retail network covers the whole of Finland. The purchase price is 8.3 million euros. In 1999, the company’s net sales amounted to approximately 34 million euros and it employed 240 people.