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Yokohama completes Trelleborg Wheel Systems acquisition, Yokohama TWS launched

As of today (2 May 2023) The Yokohama Rubber Co. Ltd. has completed the acquisition of Trelleborg Wheel Systems Holding AB (TWS), the Swedish off-highway tyre (OHT) manufacturer, news of which we broke on 14 December 2021 and was confirmed three months later on 25 March 2022. Following the successful completion of regulatory requirements, the combined business will now be known as Yokohama TWS and Yokohama Rubber’s consolidated accounts will include TWS business from the second quarter of the 2023 financial year.

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Related news:

  1. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  2. Yokohama confirms 2.1 billion euro Trelleborg Wheel Systems acquisition
  3. Lower raw material exposure and better ESG profile – What Trelleborg gains from TWS sale
  4. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
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New Trelleborg CX940 port tyre

Trelleborg CX940 is a new tyre for equipment such as reach stackers, straddle carriers and top picks. Trelleborg Wheel Systems says the tyre is “made for maximum resistance in handling high intensity jobs” and reports that it “brings greater stability and comfort to operators.”

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Related news:

  1. Continental introducing ‘Port Plus’ compound into harbour tyre range
  2. EIMA launch for Trelleborg TLC Plus app
  3. Trelleborg launches EMR1025 all-season construction tyre
  4. Trelleborg launches XP800 forklift tyre
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Richard Lyons becomes Kumho Tyre UK MD

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Scott Parker-Copestick/Tyre Industry Publications Ltd

At the start of April, Richard Lyons became executive managing director of Kumho Tyre UK. Lyons joins the company after roughly seven years with Trelleborg Wheel Systems in a variety of roles, latterly as managing director UK and Ireland. Before that, Lyons spent around 11 years with Giti where he oversaw significant growth at the company and rose to the role of managing director Europe and director – International sales and marketing, passenger car.

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Related news:

  1. Richard Lyons joins Trelleborg as North Region general manager, UK MD
  2. Tony Lee joins Kumho as senior vice-president of global marketing
  3. Lyons to head Giti international PCR marketing and sales
  4. Richard Lyons resigns from Giti
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UK authority approves Yokohama Rubber’s TWS acquisition

As of this morning, The Yokohama Rubber Company has received clearance from all relevant authorities to acquire the Trelleborg Wheel Systems business from Trelleborg. The final hurdle, approval by the Competition and Markets Authority in the UK, has now been cleared and Yokohama and Trelleborg can begin finalising the necessary documentation required to formally close the transaction.

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Related news:

  1. Competition and Markets Authority opens Yokohama/Trelleborg Wheel Systems merger investigation
  2. EC approves Yokohama Rubber’s TWS acquisition
  3. Maurice Taylor: Don’t overlook Titan
  4. Trelleborg Wheel Systems sale likely to close in May
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EC approves Yokohama Rubber’s TWS acquisition

On 24 March, the European Commission granted The Yokohama Rubber unconditional antitrust clearance to acquire all outstanding shares in Trelleborg Wheel Systems. The Competition and Markets Authority in the UK is currently reviewing the proposed acquisition and will announce its decision soon.

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Related news:

  1. Trelleborg buys Brazil-based industrial tyre manufacturer Standard Tyres Group
  2. Maurice Taylor: Don’t overlook Titan
  3. Slight delay for Yokohama Rubber’s Trelleborg Wheel Systems acquisition
  4. Competition and Markets Authority opens Yokohama/Trelleborg Wheel Systems merger investigation
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Trelleborg Wheel Systems sale likely to close in May

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Trelleborg

Trelleborg Group has moved its 2023 Capital Markets Day from 21 March to 23 May. We don’t normally report on such perfunctory announcements, but the reason for the above postponement is what makes this particular news of greater interest. According to an official statement published on 9 March, the reason is that “the divestment of group’s tyre operation” that is Trelleborg Wheel Systems (TWS) “is not yet finalized”.

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Related news:

  1. Lower raw material exposure and better ESG profile – What Trelleborg gains from TWS sale
  2. Maurice Taylor: Don’t overlook Titan
  3. Competition and Markets Authority opens Yokohama/Trelleborg Wheel Systems merger investigation
  4. Trelleborg buys Brazil-based industrial tyre manufacturer Standard Tyres Group
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Trelleborg tyres for anniversary Case IH Tractor

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Trelleborg TM900 High Power is the tyre of choice for the Magnum Black limited-edition tractor which Case IH created to celebrate 20 years of the line’s production in Brazil. The agricultural equipment manufacturer launched the tractor this week during the Show Rural agricultural exhibition in Brazil. Magnum Black wears TM900 High Power tyres in 600/70R30 at the front and 800/70R38 at the rear.

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  1. Trelleborg launching Load Calculator Android app
  2. Mitas tyres help Claas tractor ‘walk on water’
  3. Virtual Reality Farming with Trelleborg at EIMA
  4. Trelleborg crowns its Tractor Driver of the Year
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Trelleborg: No reason Yokohama deal shouldn’t be approved

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Following the news that the UK Competitions and Market Authority (CMA) has opened an investigation into Yokohama’s acquisition of Trelleborg Wheel Systems (TWS), Trelleborg representatives have clarified that – in their view – “…there are no reasons why this deal should not be approved.”

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  1. Competition and Markets Authority opens Yokohama/Trelleborg Wheel Systems merger investigation
  2. Lower raw material exposure and better ESG profile – What Trelleborg gains from TWS sale
  3. Trelleborg Group Buys PSS
  4. Fintyre to open London head office
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Competition and Markets Authority opens Yokohama/Trelleborg Wheel Systems merger investigation

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Steve Buissinne; Pixabay

The Competition and Markets Authority (CMA) has opened an investigation into the proposed merger of Yokohama Rubber Co. Ltd of Trelleborg Wheel Systems Holding AB (TWS). Writing in a statement published on 31 January, CMA officials stated that “pursuant to section 96(2A) of the Act that the merger notice provided by Yokohama [and TWS]…” meets “the requirements of section 96(2) of the [relevant] Act.” In other words, the CMA investigation is a formality for a merger of this kind.

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  1. Trelleborg: No reason Yokohama deal shouldn’t be approved
  2. Maurice Taylor: Don’t overlook Titan
  3. Lower raw material exposure and better ESG profile – What Trelleborg gains from TWS sale
  4. Yokohama confirms 2.1 billion euro Trelleborg Wheel Systems acquisition
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Trelleborg fined for Yokohama-TWS takeover disclosure violation

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Trelleborg AB has been fined 9.6 million Swedish krone (roughly £750,000; 880,000 euros) by officials at Swedish stock market, Nasdaq Stockholm. Nasdaq Stockholm specifically sanctioned Trelleborg for reacting too slowly to international reporting of the – at the time – proposed sale of its Trelleborg Wheel Systems (TWS) business to Yokohama.

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  1. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
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  3. Yokohama confirms 2.1 billion euro Trelleborg Wheel Systems acquisition
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SIMA debut for Trelleborg HF1000

In addition to presenting its Adaptive Tire Management System (ATMS) at SIMA 2022, Trelleborg debuted its next generation implement tyre, the HF1000. Specially designed for increasing load capacity on large forage wagons and slurry tankers, Trelleborg HF1000 is the “perfect tyre with unrivalled efficiency for demanding applications.”

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  1. Future of agriculture: Trelleborg unveils ATMS
  2. Trelleborg hosts Field Day, soil protection forum in Heilongjiang, China
  3. Trelleborg launches Variable Inflation Pressure system at SIMA 2017
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Future of agriculture: Trelleborg unveils ATMS

Upon officially launching its Adaptive Tire Management System (ATMS) at SIMA 2022 this week, Trelleborg comments that ATMS could “revolutionise today’s agriculture industry by increasing crop productivity while improving efficiency, alleviating the industry’s biggest challenge: feeding an ever-growing world.”

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  1. Trelleborg launches Variable Inflation Pressure system at SIMA 2017
  2. Trelleborg to launch TM700 ProgressiveTraction range
  3. Trelleborg hosts Field Day, soil protection forum in Heilongjiang, China
  4. Trelleborg partners with Farming Simulator 19, fields league team
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Trelleborg MPT100: Better ground spreading performance

Trelleborg Wheel Systems says it has “stepped up to meet the growing demands of farmers looking to increase reliability and productivity in their ground spreading operations” with the release of its MPT100. It specifically conceived the radial for use on multi-purpose vehicles and fertiliser trucks used in ground spreading, and offers MPT100 in sizes 405/70R20, 425/75R20 and 445/65R22.5.

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  1. LAMMA Innovation Awards the latest to recognise Trelleborg’s ProgressiveTraction
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Yokohama gearing up for European tyre factory

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In October, Yokohama announced that the company had appointed ex-Pirelli and ex-Prometeon executive Gregorio Borgo as its European president. Roughly nine months later, there are a number of indications that the European business is entering a new chapter, which includes plans to invest in the construction of a factory “in the heart of Europe”.

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  1. Sentury Tire joins the Shenzen Stock Exchange
  2. Chinese wheelmaker opens second production line in Morocco
  3. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
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Helping with heavy lifting – Trelleborg EMR1031

Trelleborg Wheel Systems has released a new radial for earthmoving operations, the Trelleborg EMR1031. Designed to perform on the most demanding terrain, from sand to rock or extra hard surfaces, EMR1031 features a cut-resistant compound and a sidewall protector for damage protection and longer tyre life, along with a multi-surface tread design for superior traction.

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  1. Trelleborg expands EMR radial range for loaders and dumpers
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  4. Customised Trelleborg tyres for Valtra’s anniversary T Series
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