Tag: speciality tyres
GRI acquires Nortire OU
Sri Lanka-based speciality tyre manufacturer GRI reports that it has acquired the Estonia-based Nortire Group. Headquartered in Estonia, with a branch in Latvia and two branches in Lithuania, Nortire is a speciality tyre distributor. According to GRI, the acquisition will further expand the GRI’s global tyre service network, while attaining a significant foothold in the North European tyre market. The news follows a non-acquisition Middle East strategic partnership with Al-Dobowi in April 2019.
Maxam MS302 OTR tyre receives Caterpillar OEM approval
Caterpillar Inc has approved the Maxam MS302 L3 tyre for use on specific Cat medium wheel loaders in size 23.5R25. The tyre is currently available as a factory fitment option on Cat 950GC, 950L, 950M, 962L, and 962M in certain regions. Additional Maxam MS302 tyre sizes have also been validated and approved for future factory fitment on additional Cat medium wheel loaders.
Construction, mining, earthmover tyres well-represented as Hillhead 2018 sets attendance record
Tarmac’s Hillhead Quarry near Buxton in Derbyshire hosted unprecedented crowds for the 2018 edition of the show (26–28 June), with official figures showing a record-breaking 19,687 unique visitors in attendance, surpassing the show’s previous highest attendance record set in 2005. The show also included more exhibitors (527) than ever before, with the showground, pavilions and demonstration areas showcasing the latest plant and equipment for the quarrying, aggregates, concrete, asphalt, recycling and construction sectors, many of the products on show for the first time in the UK.
Maxxis reasserts turf, trench and rough terrain speciality
While Maxxis’ most recent launch indicates its increasing focus on high performance car tyres, the manufacturer continues to pride itself on its position in the specialist all-terrain market, providing solutions for a wide variety of turf, 4x4 and ATV vehicles. Maxxis states that all of its speciality range is hard wearing with high levels of grip, making it a popular choice for councils and contractors demanding value for money.
Change at the top for Mai Italia
Having worked for Mai Italia SrL for over 40 years, Renato Mai is retiring as president and CEO of the company. He will assume the post of honorary president; a position created by the shareholders that carries no management duties. Renato Mai will be succeeded as managing director and CEO by Federico Fiorini, who has over 15 years’ experience in the field of speciality tyres.
New business centre for Maitech Tire
Maitech Tire, the manufacturer of speciality, OTR, construction, mining and industrial tyres, has established a new, purpose-built European techno/commercial office at its headquarters in Verona, Italy. The company is holding a series of open days at its 16,000 square metre complex for selected customers, OEMs and companies from Maitech’s global network of dedicated partners.
Idverde signs Michelin Group tyre deal
idverde, Europe’s largest provider of green services, has adopted a joint Michelin and BFGoodrich tyre policy across its entire UK fleet as it strives to streamline operations on the road. The French-owned grounds maintenance and landscape construction company runs contracts from the Isle of Wight in the south to Wick in northern Scotland and has a 1,200-strong fleet ranging from 3.5 tonne light commercial vehicles (LCVs) travelling short distances – including panel vans, crew cab tippers and machinery transporters – to company cars operating nationwide.
Kenda buys Starco
Taiwan-based tyre manufacturer Kenda has purchased Starco Europe. Announced on 2 October, the move is described by Kenda as “a good cultural, organizational and strategic fit” for which both companies see “significant long-term opportunities”. Kenda has been a Starco supplier since 1982. Over the last 12 months a series of meetings determined a clear willingness from both Kenda and Starco to take the partnership to another level. Starco does not plan any organizational changes or redundancies related to the acquisition.
Yanchang/Duraturn set their sights on European assets
First ChemChina sent shockwaves through the tyre market by successfully purchasing Pirelli in 2015. This year another Chinese firm – this time tyremaker Qingdao Doublestar – made waves by offering an US$830 million bid for 42 per cent Kumho Tire in mid-March. The obvious question is what is the next tyre-related investment to come out of China?
Conti and Penny Hydraulics celebrate 5 years of industrial partnership
Continental Industrial Network and Penny Hydraulics are celebrating five years of collaboration. The companies worked together to design a bespoke solid tyre press for Continental Specialty Tyres in the UK and Ireland. The press was designed for use with industrial solid tyres, predominantly those fitted to material handling equipment such as fork lift trucks. Today, there are over 20 active Penny Hydraulics mobile presses in use throughout Continental’s Industrial Tyre Fitting Network.
Trelleborg sponsors Wisconsin, USA Ponsse demo day
Trelleborg has sponsored global leader in forest machines manufacturing, Ponsse North America, at its live demonstration at the Crandon International Off-Road Raceway in Wisconsin, USA.
KRT launches new Kingstone industrial and speciality ranges
Tyre wholesaler Kings Road Tyres (KRT) has invested in a major expansion of its Kingstone range to include over 60 new lines for ATV, turf, horticultural, agricultural, light materials handling and high speed trailer tyre applications. In addition, the new products are supported by a range of EU-manufactured tubes. According to the company, the investment represents the most significant expansion of the brand since it was first introduced in 1987, with the new lines joining the company’s existing range of Kingstone tubes and flaps.
Trelleborg finalises acquisition of Mitas manufacturer, CGS Holding
Trelleborg has finalised its acquisition of leading agricultural, industrial and specialty tyre manufacturer, CGS Holding as. The total cash consideration amounted to approximately 10.9 billion Swedish krona (approximately £0.91 billion) on a cash and debt-free basis. CGS is headquartered in the Czech Republic and generated sales of approximately SEK 5.6 billion (£0.47 billion) in 2015 with an operating margin of 16.5 percent. The Czech company also produces engineered polymer solutions.
2015 a winning year for Kirkby Tyres
Established in in 1958, Kirkby Tyres Ltd is amongst an elite list of leading tyre wholesalers operating in the UK and Ireland. And while the Liverpool-based family company has been around for some time, in recent years the company has demonstrated impressive and consistent growth. 2015 was no different and culminated with the firm winning “Truck and Agricultural Tyre Supplier of the Year” at the 2015 NTDA Tyre Industry Awards. Tyres & Accessories spoke with Kirkby Tyres marketing manager Adam Bromilow to find out more.
Dunlop Aircraft Tyres signs tyre supply contract with Garuda Indonesia
Dunlop Aircraft Tyres has clinched a three-year deal to support Garuda Indonesia’s fleet of Bombardier CRJ1000 NextGen regional jets. Announced at Paris Air Show, Dunlop estimates that the contract with the airline’s maintenance company, GMF AeroAsia, will be worth in excess of US$3 million. It is the first time that Dunlop, the world’s only dedicated […]