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Australia’s National Tyre & Wheel grows through Tyres 4U acquisition

With its AU$48.7 million (£26.7 million) acquisition of Tyres 4U assets in Australia and New Zealand, National Tyre & Wheel becomes one of the region’s largest tyre wholesalers and the largest independent, multi-branded wholesaler in both countries. The transaction was finalised in August and more than doubles National’s distribution centre footprint in the two countries, with its nine company-owned and four third-party facilities complemented by 11 Tyres 4U centres in Australia and three in New Zealand. Combined tyre volume for the Australian financial year ending 30 June 2020 exceeded 2.5 million units, with a revenue of $450 million (£247 million).

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Related news:

  1. Tyremax appointed Australian distributor of Continental truck & bus tyre range
  2. Nexen targets Oceania with sports marketing in Australia and New Zealand
  3. Michelin enters African tyre distribution joint venture
  4. Fintyre Group employee pay ‘coming’, restarting business operations a priority
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Tyres in 90 minutes – TGI launches new service

Same-day service is convenient, but Tire Group International (TGI) can go you one better. The Miami-based tyre wholesaler is now offering its customers in South Florida guaranteed deliveries within 90 minutes of ordering. It is providing this ‘TGI Fast Pass’ programme in addition to its existing twice a day delivery service.

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Related news:

  1. TGI opening new warehouse
  2. Michelin enters African tyre distribution joint venture
  3. Germany: Wholesaler Gundlach begins €20 million expansion project
  4. Fintyre Group employee pay ‘coming’, restarting business operations a priority
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Heuver acquires Bevri

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Netherlands-based tyre wholesaler Heuver has grown through its acquisition of the Bevri Groep, a wholesaler from Zeewolde in central Netherlands. Heuver will operate the two Bevri businesses, Bevri Banden (Bevri Tyres) and Bevri Wheels, as an independent company within the Heuver Group, retaining a separate corporate identity. The wholesaler says that by combining the strengths of both companies, it can now “offer an even more complete range” of tyres and wheels.

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Related news:

  1. Heuver Tyre app upgrades without internet connection
  2. Heuver Tyrewholesale plans for agricultural growth with new product manager
  3. Heuver Tyrewholesale to show latest Aeolus innovations to Reifen 2016
  4. Heuver Tyrewholesale to exhibit Aeolus products
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GT Radial tyres return to Gundlach exclusivity in Germany

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Reifenpresse.de

Reifen Gundlach has resumed its exclusive distribution of GT Radial brand tyres in Germany. The new deal comes three years after Giti Tire ended their previously long-standing exclusive partnership with the wholesaler, started in 1994. Giti stated in 2017 that it wanted to to “achieve a higher market penetration with a planned realignment of the brand.” Part of the strategy was to make the GT Radial brand available through four different wholesalers. This coincided with the European entry of its eponymous Giti brand, with a special focus on the German market. At its peak, it had previously sold around a million GT Radial tyres per year, according to Gundlach statements. Now in 2020, the manufacturer has opted to resume its exclusive arrangement for GT Radial with Gundlach.

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Related news:

  1. GT Radial moves from exclusive to multiple car tyre distribution in Germany
  2. Giti Tire launches Giti PCR brand in Germany, debut at Automechanika Frankfurt
  3. Giti extends Micheldever exclusive distribution of GT Radial, Runway tyres
  4. MTS exclusive range of car tyre brands offer ‘comprehensive’ mid-range coverage
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Buyers found for 2 more Fintyre businesses in Germany

A week ago, Bridgestone announced its acquisition of 42 Reiff Reifen und Autotechnik retail outlets in Germany from the now-bankrupt Fintyre Group business. The insolvency administrator handling the Fintyre case reports that buyers have also been found for two further Fintyre businesses, Duro Reifenservice GmbH and Reifen24 GmbH.

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Related news:

  1. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  2. End of the line for German tyre wholesaler RS Exclusiv
  3. Some Fintyre companies operating again in Germany
  4. Insolvency proceedings begin for 7 Fintyre Group companies in Germany
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End of the line for German tyre wholesaler RS Exclusiv

Some ten weeks ago, German tyre wholesaler RS Exclusiv Reifengroßhandel GmbH entered insolvency as part of the Fintyre Group’s operations in Germany. It now seems that the company’s days are numbered. The insolvency administrator’s office confirmed the sale of RS Exclusiv’s headquarters site north of Hamburg to our German partner magazine, Neue Reifenzeitung. The wholesaler has quarter of a year to pack its things and go. But the insolvency administrator also reports another, more cogent reason for winding up the business.

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Related news:

  1. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  2. Search for Fintyre investor begins as employees receive insolvency benefits
  3. Insolvency proceedings begin for 7 Fintyre Group companies in Germany
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TGI opening new warehouse

Tire Group International

Independent US tyre wholesaler Tire Group International is opening a new distribution facility in Tampa, Florida. The 50,000 square foot (4,650 square metre) centre will be operational as of 4 May and will carry all brands that TGI offers.

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Related news:

  1. TGI appoints new president
  2. TGI appoints Wheeler to head North American sales team
  3. TBC Corporation acquires Interstate brand marketing rights
  4. Tyres in 90 minutes – TGI launches new service
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The tyre business is keeping countries rolling

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Tyres keep roads and countries rolling

By the time you read this a quarter of the world will be on some kind of lockdown along with virtually every car plant in Europe and many tyre factories. We are in uncharted territory. And, as ETRMA secretary general Fazilet Cinaralp said recently, we have to brace ourselves for “one of the biggest challenges our industry has ever faced”. And yet there have already been numerous examples of endeavour, enterprise and generosity in the face of such adversity.

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Related news:

  1. Tyre demand declining 15 to 26 per cent in 2020
  2. Michelin temporarily closes some European factories, car tyre demand down 9%
  3. 2015 a winning year for Kirkby Tyres
  4. Bridgestone praises frontline fleet tyre workers
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Tyremax appointed Australian distributor of Continental truck & bus tyre range

Continental AG

As of 1 April, Tyremax will take over distribution of Continental truck and bus tyres in the Australian market. In addition to these products being available through the wholesaler’s distribution and delivery network, Tyremax will also provide all other facets of the service in relation to product warehousing, ordering, sales, logistics and technical support.

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Related news:

  1. Australia’s National Tyre & Wheel grows through Tyres 4U acquisition
  2. Michelin enters African tyre distribution joint venture
  3. TBC Corporation acquires Interstate brand marketing rights
  4. Fintyre Group employee pay ‘coming’, restarting business operations a priority
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ATG chooses STARCO for Alliance, Galaxy distribution in Switzerland

STARCO has taken on distribution of the Alliance and Galaxy agricultural, forestry and construction tyre lines in Switzerland under a newly-negotiated agreement with Alliance Tire Group (ATG). As authorised partner for the representation and distribution of Alliance and Galaxy tyres throughout this market, STARCO will provide its warehouse and distribution facilities as well as its expertise and skills in order to make ATG’s products more accessible to Swiss customers.

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Related news:

  1. ATG launches new Galaxy Mighty Trac ND
  2. Kirkby ‘not interested’ in adding budget products to long-standing range
  3. Kirkby: Tyre Wholesaler of the Year growing in 2018
  4. ATG presenting two ‘top performers’ at The Tire Cologne
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Goodyear acquiring German wholesaler Reifen Baierlacher

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Goodyear plans to acquire a tyre wholesaler in Germany. Should the deal gain approval from the relevant antitrust authorities, Goodyear Dunlop Tires Germany GmbH will purchase Weilheim, Bavaria-based wholesaler and retailer Reifen Baierlacher. The tyre maker has not disclosed how much it will pay for the family-owned business.

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  1. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  2. Wholesale acquisition: Hankook Tire buys Reifen Müller
  3. Who Wears the Trousers?
  4. Michelin to buy Germany’s largest tyre wholesaler
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Micheldever becomes BFGoodrich brand’s official UK 4×4 wholesaler

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Winchester-based Micheldever Tyre Services – which has established a wholesale distribution network of 15 sites around the country, supplying over 6,000 retailers nationwide – will stock a large selection of BFGoodrich’s All Terrain T/A KO2 and Mud-Terrain T/A KM3 ranges, helping to ensure excellent product availability throughout the year.

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  1. The Sleeping Giant Stirs
  2. Micheldever celebrating General Tire milestones in 2015
  3. Micheldever appoints Mitchell as wholesale director
  4. General Tire launches new Grabber AT3 and Grabber X3 tyres
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Protyre becomes latest Goodyear agri range distributor

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Micheldever group company Protyre is once again distributing Goodyear agricultural tyres within the UK market. It will supply the Goodyear Farm Tires range from its 20 agricultural centres across the country; it already reports high levels of customer interest from Protyre outlets in areas such as Cumbria, Pembrokeshire, Derbyshire, Bristol and Essex.

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  1. Growing agri range: Goodyear tyres back on British soil
  2. Goodyear Farm Tires secures South West Tyre Services UK distribution
  3. Nex Tires to distribute Goodyear Farm Tires in Spain
  4. Goodyear Farm Tires organises virtual tractor parade
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Fintyre Group employee pay ‘coming’, restarting business operations a priority

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All 16 companies in the German Fintyre Group have now applied to open insolvency proceedings. But what lies ahead for the 1300-plus employees awaiting wages and salaries, the affected companies’ creditors, and the companies themselves? Sebastian Brunner, spokesman for Miguel Grosser, the provisional insolvency administrator at law firm Jaffé, told our sister website in Germany, Reifenpresse.de, that approximately 200 Reifen Krieg employees will receive their outstanding January wages and salaries in the coming days. Business at the group’s wholesalers and retailers is largely at a standstill, though the office of the provisional insolvency administrator has some more positive news on this too.

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Related news:

  1. Search for Fintyre investor begins as employees receive insolvency benefits
  2. Insolvency proceedings begin for 7 Fintyre Group companies in Germany
  3. Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”
  4. End of the line for German tyre wholesaler RS Exclusiv
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Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”

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They are resigned, angry and desperate. But above all, they’re disappointed. Disappointed that they weren’t informed about the bankruptcy by their employer Fintyre, but by the media. Our sister publication in Germany, Neue Reifenzeitung, has spoken with staff at TyreXpert outlets in the north of the country to gain an insight into the mood of the workforce.

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Related news:

  1. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  2. Search for Fintyre investor begins as employees receive insolvency benefits
  3. Insolvency proceedings begin for 7 Fintyre Group companies in Germany
  4. End of the line for German tyre wholesaler RS Exclusiv
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