The Marangoni Group has acquired a majority shareholding, 51 per cent, in the South African tread maker Leader Rubber Company SA (Pty) Ltd. The move is the latest development in the decade-long partnership between Leader Rubber and Marangoni. The Italian company acquired a 25 per cent share in the company in 2015, a move it described as the “culmination of a partnership that has been ongoing for several years.”
Magna Tyres Group has opened a new regional office in South Africa. In recent years, Magna Tyres has been extremely successful in South Africa and the neighbouring countries. According to the company, the objective is to increase market share, focus on improving customer relationships and satisfaction in this high potential region.
While Goodyear celebrates ‘120 Years of Innovation’ in 2018, in South Africa the company is also celebrating moving to a new headquarters at the Hertford Office Park in Midrand. Goodyear South Africa has consolidated its Johannesburg-based offices to support the dompany’s business strategy of business simplification, increased efficiencies and enabling effective employee engagement.
Production of truck and bus tyres began at the Sumitomo Rubber Industries Ltd. factory in Ladysmith, South Africa on 19 July. The tyre maker invested 970 million rand (£55.8 million) to add commercial tyre capacity to the plant, thereby ending Sumitomo Rubber South Africa’s reliance upon imports to satisfy demand for its truck and bus tyres in Africa.
A tractor isn’t the first vehicle that springs to mind when planning a 4,000-mile odyssey through South Africa that passes through national parks, along gold mines and over plateau, however this is the transport of choice for the 16-strong team taking part in Xtractor 2018. Early next week, four McCormick tractors will depart Cape Town on this 49-day on- and off-road journey, riding on the Agrimax Force and Agrimax RT 657 rubber provided by Xtractor tyre partner BKT. The off-road tyre specialist has created a mini-website where all interested parties can follow the team’s progress; regular updates and real time news from Xtractor 2018 can be found at Xtractor.bkt-tires.com.
With just over two months to go before Tyrexpo Africa 2018 opens in Johannesburg, South Africa in early April, Singapore-based organiser SingEx has confirmed the participation of several global brands in the tyre, tyre repair equipment and tyre accessories. More than 100 international companies will be exhibiting at the event, with what the organiser describes as a significant number making their debut at the exhibition.
The Kal Tire Mining Tire Group has acquired the South African operations of Tyre Corporation. It is hoped that the transaction, which took place for an undisclosed sum, will enable the growth achieved by Tyre Corporation in South Africa over the past decade to continue. It also gives Tyre Corporation’s customers access to Kal Tire services such as its exclusive Ultra Repair process for ultra-class tyres.
Bridgestone South Africa has voiced its support for the legal action undertaken by the Brits Industrialists Association (BIA) against the Local Municipality of Madibeng. The BIA has launched a claim for damages against the municipality on behalf of its members after their electricity supply was unlawfully disconnected. Bridgestone states that its Brits tyre plant was one of the factories affected.
Davanti will be distributed in South Africa by Tyremart, one of the country’s largest independent tyre fitment franchises. With immediate effect, Tyremart will promote and sell the complete Davanti range of car, 4×4/SUV and light commercial vehicle tyres having signed an exclusive distribution agreement.
Four years ago, STARCO established a new subsidiary in South Africa together with its local distributor, Mac and TireCity. The company has now decided to divest its 50 per cent shareholding and exit South Africa in order to strengthen its focus on its core business and OEM customers across Europe. STARCO’s shareholding has been transferred to a newly-established company owned by Mac and TireCity.
Transaid has assembled the largest ever team of cyclists to take part in one of its fundraising challenges in Africa – with each of the 43 available bikes now assigned to a rider for Cycle South Africa 2017.
Just over two years ago, Sumitomo Rubber Industries acquired Apollo Tyres South Africa, and with it the operation’s car tyre factory in Ladysmith, KwaZulu-Natal. While the plant supplies the local market with passenger car and light truck tyres, Sumitomo Rubber South Africa has to-date met local demand for truck and bus tyres with imported products. This will soon change; the company has announced it will invest 910 million rand (£41.3 million) to install new production equipment within the Ladysmith facility, and it aims to produce truck and bus tyres there from July 2018.
With the opening of Tyrexpo Africa on 8 March 2016, show organiser Singex offering a Pre-Registration Lucky Draw. By registering before 15 January 2016, visitors stand a chance of winning a night’s hotel accommodation at the Garden Court Sandon City Hotel in Johannesburg. The hotel is located is close proximity to the Sandton Convention Centre where the show will be held.
Pre-registration for Tyrexpo Africa 2016, which takes place at the Sandton Convention Centre in Johannesburg between 8 and 10 March, opened on 7 December 2015. The show is targeted at companies focusing on the sourcing of tyres, tyre repair and maintenance equipment, and tyre accessories for purchase within the next three months.
Rangers on the Forever Wild Rhino Protection Initiative team have fitted Goodyear Wrangler tyres to their vehicles. This is the fourth year that the tyre manufacturer is sponsoring the rugged, all terrain 4×4 tyres to help give the anti-poaching teams an advantage when patrolling the country’s nature reserves.