Following initial claims earlier this year, a group of former shareholders and directors of retreader and commercial vehicle tyre supplier Vaculug have denied that financial accounts were manipulated ahead of its sale to Grantham Capital and launched their own legal action against the new owner.
When Zenises Group chairman Harjeev Kandhari bought Lincolnshire-based retreader Vaculug in July 2018, some questioned the logic of buying a British manufacturing business while the country was on the brink of Brexit. However, shortly afterwards he told Tyres & Accessories that the circumstances only added to the opportunity and that he had plans to invest in the business via its staff, products and production lines. 18 months on, before the Coronavirus outbreak, T&A asked Kandhari how the transition has progressed and what the company is doing to celebrate its 10th anniversary. In short, the Vaculug transition is said to be going “absolutely wonderfully”, with a new MD appointed from within the ranks of Zenises, a number of other new personnel as well as new products and a developing van tyre business.
With the UK commercial vehicle and fleet business congregating in Birmingham for the Commercial Vehicle Show at the start of May, Vaculug took the opportunity to demonstrate the latest addition to its bespoke fleet tyre management system called VMS – VMS Mobile. For the company, which is now the only non-new-tyre manufacture-owned retreader in the UK, fleet growth and retreading business growth go hand in hand. And that’s why having the right fleet tyre management system in place has become more important than ever.
Cemex UK has renewed its OTR tyre contract with Vacu-Lug until the end of 2019. Operating from approximately 60 quarries and 200 ready-mix concrete plants with a large fleet of modern mobile equipment being able to depend on a tyre service is crucial to Cemex’s fleet operations.
WG Tanker Group, which describes itself as a “one-stop-shop for all powder tanker requirements”, is celebrating its relationship with Westlake tyres (distributed by Vacu-Lug Traction Tyres) 18 months in, saying it would not look elsewhere for a similar product.