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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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  1. GT Radial moves from exclusive to multiple car tyre distribution in Germany
  2. Giti’s European R&D centre ready for growing OE business
  3. Giti Tire launches Giti PCR brand in Germany, debut at Automechanika Frankfurt
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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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  1. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  2. End of the line for German tyre wholesaler RS Exclusiv
  3. Fintyre insolvency: New month, no pay
  4. Some Fintyre companies operating again 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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  1. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  2. Search for Fintyre investor begins as employees receive insolvency benefits
  3. Fintyre’s insolvent businesses: All unpaid employees now receiving benefits
  4. 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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  1. TGI appoints new president
  2. TGI & GITI Tire USA Announce Distribution Agreement
  3. Goodyear, Bridgestone combining aftermarket tyre distribution in the USA
  4. TBC Corporation acquires Interstate brand marketing rights
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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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  1. Tyre demand declining 15 to 26 per cent in 2020
  2. Michelin temporarily closes some European factories, car tyre demand down 9%
  3. Universal buys three Tyrework branches from KRT
  4. Milestone to one side as Saracens Tyres sticks to customer-first approach
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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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  1. Continental using AFC Asian Cup to increase brand awareness in China
  2. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  3. Germany: Wholesaler Gundlach begins €20 million expansion project
  4. ATG chooses STARCO for Alliance, Galaxy distribution in Switzerland
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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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  1. Kirkby ‘not interested’ in adding budget products to long-standing range
  2. Tyre production on the rise at ATG’s third factory
  3. Alliance: Yardmaster is ‘king of forklift tyres’
  4. Best of both worlds – ATG retains its independence while benefitting from Yokohama’s R&D capabilities
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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. Wholesaler TTI sets up Reifen Kraftwerk for tyre distribution in Germany
  4. Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”
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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. GT Radial presents 3-year development programme at European dealer event
  4. Micheldever appoints Mitchell as wholesale director
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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. Giti Tire extends UK exclusive distribution agreement with Micheldever
  3. Protyre is fastest growing UK retail chain for 2nd straight year
  4. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
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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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  1. Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”
  2. Restructuring announced as Fintyre Group misses January wages
  3. Fintyre Group’s Reifen Krieg files for bankruptcy
  4. German Fintyre Group almost completely in bankruptcy
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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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  1. Fintyre Group employee pay ‘coming’, restarting business operations a priority
  2. Restructuring announced as Fintyre Group misses January wages
  3. European FinTyre Distribution buys Reifen Krieg
  4. Fintyre to open London head office
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German Fintyre Group almost completely in bankruptcy

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German Fintyre Group bankruptcy

Just a few days after bankruptcy proceedings were initiated by Reifen Krieg GmbH, several other companies under the umbrella of the German Fintyre Group are now bankrupt, including almost all of the companies relevant to the operating business.

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  1. Fintyre Group’s Reifen Krieg files for bankruptcy
  2. FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice
  3. Fintyre now sole Italy distributor for Triangle tyres
  4. EfTD rebrands as Fintyre Group
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More SKUs available: Inter-Sprint increases warehouse capacity

Tyre and wheel wholesaler Inter-Sprint Group has expanded the warehouse capacity at its main site in Moerdijk, the Netherlands. With the opening of a further 38,000 square metres of warehousing, Inter-Sprint has been able to increase the number of SKUs it stocks by at least ten per cent – more than 17,000 SKUs are now centrally stored at its distribution centre in Moerdijk.

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  1. Inter-Sprint at The Tire Cologne
  2. UK’s ballooning UHP tyre market a huge opportunity for Inter-Sprint
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  4. VDB: Added warehousing aiding growth in private, exclusive business
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Fintyre Group’s Reifen Krieg files for bankruptcy

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German tyre distributor Reifen Krieg GmbH, part of the Fintyre Group of companies (Fintyre) active in tyre distribution and retail in Germany and Italy, filed bankruptcy proceedings on the evening of 6 February in Frankfurt, with lawyer Miguel Grosser appointed trustee. Tyrepress reported on Monday that the group’s chief executive officer, Claudio Passerini – who is also the CEO of the group’s umbrella organisation in Germany, Fintyre Group GmbH – had written to Fintyre’s German employees to inform them of restructuring necessary for the short-term to ensure its sustainable continuation in the wake of missed salary payments in January.

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  1. Restructuring announced as Fintyre Group misses January wages
  2. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  3. EfTD rebrands as Fintyre Group
  4. Fintyre acquisition shows fast-growing firm is ‘doing OK’
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