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You are here: Home1 / Trelleborg

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Yokohama gearing up for European tyre factory

Company News, International News

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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Related news:

  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
  4. Tatneft invests in Kazakhstan tyre factory joint venture
23rd June 2022/0 Comments/by Chris

Helping with heavy lifting – Trelleborg EMR1031

Product News

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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Related news:

  1. Trelleborg expands EMR radial range for loaders and dumpers
  2. LAMMA Innovation Awards the latest to recognise Trelleborg’s ProgressiveTraction
  3. Massey Ferguson concept wears Trelleborg carbon-free tyres
  4. Customised Trelleborg tyres for Valtra’s anniversary T Series
30th May 2022/by Stephen

Mitas celebrates official opening of new two-wheeler tyre factory in India

Company News, International News

Mitas’s newest two-wheeler tyre production facility in India has been formally inaugurated, following our early 2022 article that the factory was ready to commence production. The factory, which will serve global motorcycle tyre markets, is the result of a joint venture with the Mahansaria Group. The two companies are combining their expertise to bring Mitas tyre engineering into the two-wheeler tyre market. Both companies have been working throughout the challenges of the last two years, to test and produce tyres. The Mitas brand is part of Trelleborg Wheel Systems, whose sale to Yokohama for 2.1 billion euros was confirmed at the turn of the year.

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Related news:

  1. Early 2022 start for Mitas two-wheeler tyre production in India
  2. India JV about to start making Mitas two-wheeler tyres
  3. Trelleborg invests in India two-wheel tyre production JV
  4. More than just products: T&A speaks with TWS’ Paolo Pompei
23rd May 2022/by Peter Gardner

Yale upgrades Trelleborg’s Russia response to B

International News

Following Trelleborg Group’s confirmation that it cancelled plans to invest in new manufacturing facilities in Russia following Russia’s invasion of Ukraine at the end of February, Yale School of Management has upgraded the Swedish-based rubber products specialist business from grade “F” to “B”.

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Related news:

  1. Pirelli stops new investment in Russia, puts brakes on tyre manufacturing in Russia
  2. Nokian Tyres drops 2022 guidance due to Russian invasion
  3. Continental: Russian tyre raw material supply will ‘gradually deteriorate’
  4. Bridgestone: No facilities or employees in Ukraine
8th April 2022/by Chris

Trelleborg exited manufacturing in Russia in February

Company News, International News

Trelleborg Group cancelled plans to invest in new manufacturing facilities in Russia following Russia’s invasion of Ukraine at the end of February. Back in October 2021 Trelleborg had announced plans to invest roughly 30 million euros in manufacturing operations in Russia, Vietnam, Japan and Morocco. The Russia project was set to focus on sealing solutions.

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Related news:

  1. Sanction-hit tyremaker Belshina patriotic amid war in Ukraine
  2. Volkswagen halts Russian production, imports
  3. Enviro reports ‘Sharp increase in interest’ in rCB due to war in Ukraine
  4. Pirelli stops new investment in Russia, puts brakes on tyre manufacturing in Russia
8th April 2022/by Chris

Lower raw material exposure and better ESG profile – What Trelleborg gains from TWS sale

Company News, International News
Trelleborg

Apart from the 2.1-billion-euro price tag what does Trelleborg Group stand to gain from the sale of its Trelleborg Wheel Systems business unit?

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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. Trelleborg group sales relatively good, but tyre sales impacted
  4. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
25th March 2022/by Chris

Further global leadership and rebalanced product mix – Yokohama’s goals for Trelleborg Wheel Systems purchase

Company News, International News
YOHT

Now Yokohama has confirmed its acquisition of Trelleborg Wheel Systems (TWS), we can talk more definitively about the rationale behind the purchase. There are several drivers behind the acquisition, but they all boil down to Yokohama’s desire to increase global leadership and rebalances its product mix.

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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 to buy ex-Pirelli commercial/industrial tyre business Prometeon
  3. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
  4. ATG looking forward to economies of scale with Yokohama
25th March 2022/by Chris

Yokohama confirms 2.1 billion euro Trelleborg Wheel Systems acquisition

Company News, International News
Trelleborg

Three months after we published the news, The Yokohama Rubber Co., Ltd., has confirmed that it has entered into a share purchase agreement with Swedish-based Trelleborg AB to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB (TWS). According to Yokohama, TWS’s enterprise value is €2,040 million (about ¥265.2 billion). But the acquisition agreement includes a performance-linked earn-out clause, which could increase the acquisition price by up to €60 million depending on TWS’s 2022 financial results. And therefore Trelleborg refers to the sale as a 2.1 billion euro deal.

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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 to buy ex-Pirelli commercial/industrial tyre business Prometeon
  3. Trelleborg group sales relatively good, but tyre sales impacted
  4. Trelleborg confirms acquisition interest from ‘external parties’
25th March 2022/by Chris

Trelleborg introduces XP1000 material handling tyre

Product News

Trelleborg Wheel Systems says it is looking to “significantly improve material handling operations” with the launch of its latest tyre for maximum intensity applications, the XP1000. It adds that the tyre provides customers moving materials around ports, warehouses, and shop floors with optimum traction and minimal vibration. The claimed result is greater comfort, increased safety, lower fuel consumption and a longer tyre life for more cost effective and sustainable operations. The XP1000 is also available in a non-marking version.

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Related news:

  1. Trelleborg launches XP800 forklift tyre
  2. Trelleborg introduces PS800 press on range
  3. Trelleborg opens virtual tyre showroom
  4. Trelleborg features smart solutions at CeMAT 2016
17th February 2022/by Stephen

Trelleborg appoints Olsson General Counsel

Career Tracks

From the end of the second quarter of 2022, Katarina Olsson will succeed Charlotta Grähs as General Counsel of the Trelleborg Group. Grähs is stepping down from her position at Trelleborg to take a similar role at another company.

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Related news:

  1. Trelleborg divesting Czech technical rubber business
  2. Trelleborg Group appoints Paolo Pompei business area president
  3. Trelleborg appoints Romberg SVP of combined Communications/HR function
  4. Tyre business results flat at Trelleborg despite lower organic sales
28th January 2022/by Stephen

Early 2022 start for Mitas two-wheeler tyre production in India

Company News, International News

Trelleborg Wheel Systems (TWS) has confirmed a timetable of beginning volume two-wheeler tyre production at the SYAM Trelleborg Tires LLP joint venture factory “by early 2022” following the start of trial manufacturing last December. With the plant’s entry into operation, TWS looks forward to an increased production capacity of two-wheeler tyres that not only “contributes to consolidate market presence” in southeast Asia, a region where two-wheeled vehicles are in great demand, but also “augmenting motorcycle operations across Europe and North America.”

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Related news:

  1. India JV about to start making Mitas two-wheeler tyres
  2. Trelleborg invests in India two-wheel tyre production JV
  3. Richard Lyons joins Trelleborg as North Region general manager, UK MD
  4. More than just products: T&A speaks with TWS’ Paolo Pompei
21st January 2022/by Stephen

Key tyre industry themes for 2022: acquisitions, consolidation and sustainability

Editorial/Comment
Dendoktoor

A quick glance at our recent top 10 articles of 2021 email offers a unique overview of the major themes of the last 12 months. Since most of those issues are ongoing stories, they bring with them a useful insight into some of the things we can expect in 2022 – an insight that can be summarised by these three words: acquisitions, consolidation and sustainability.

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Related news:

  1. Clever tyres – how tyres, TPMS and RFID are combining
  2. Kumho takeover implosion isn’t the end of market consolidation attempts
  3. Who cares what tyres are made from? – BTMA
  4. Eurotire Becomes Global PressurePro Distributor
6th January 2022/by Chris

Trelleborg share price up 16% after Wheel Systems acquisition reports

Company News

Trelleborg AB’s share price has risen sharply following reports that the company is in talks relating to the sale of Trelleborg Wheel Systems business.

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Related news:

  1. Trelleborg reorganisation brings greater prominence to tyres
  2. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  3. Trelleborg group sales relatively good, but tyre sales impacted
  4. Maurice Taylor: Don’t overlook Titan
4th January 2022/by Chris

Trelleborg confirms acquisition interest from ‘external parties’

Company News, International News
Trelleborg

Following our coverage of Yokohama’s offer for Trelleborg Wheel Systems, the tyre and wheel manufacturer’s Swedish parent company Trelleborg AB has confirmed that “external parties have shown interest to acquire Trelleborg’s business area Trelleborg Wheel Systems”. At the same time, Titan International offered its view on third-party interest in Trelleborg Wheel Systems.

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Related news:

  1. Maurice Taylor: Don’t overlook Titan
  2. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  3. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
  4. Yokohama consolidates OTR tyre businesses into Yokohama Off-Highway Tires
4th January 2022/by Chris

New Year’s price rise for Trelleborg Wheel Systems products

Product News

Prices for Trelleborg Wheel Systems (TWS) products will increase by up to ten percent as of January 2022. Trelleborg says the price rises apply to all TWS brands and products and is a consequence of the escalating energy, logistics and raw materials costs in all markets.

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Related news:

  1. Trelleborg announces 7-10% price increase on agricultural, forestry tyres
  2. Trelleborg Wheel Systems increases prices by up to 4%
  3. Trelleborg Wheel Systems increases tyre prices by up to 8%, rims up 20%
  4. Trelleborg Wheel Systems raising prices
23rd December 2021/by Stephen
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