Copadex is expanding its existing cooperation with Alliance to become an official distributor of the whole Alliance tyre portfolio in France as of 2021. The extension of the Alliance offer will make Copadex a full range distributor of Yokohama Off-Highway Tires (YOHT) – as Alliance Tire Group was recently renamed – in France. Copadex is also an official distributor of Galaxy tyres – another YOHT brand specializing in the industrial and construction segments. Copadex will take over its new full range role in the highly important French market with particular focus on agricultural segment and the premium tractor radial portfolio specifically. Copadex will also distribute Alliance tyres in other segments such as forestry and construction.
Yokohama Rubber’s off-highway tyre business, Yokohama Off-Highway Tires (YOHT), has unveiled a new corporate identity and corporate logo. The tyre maker says this new identity draws on the company’s century-old legacy while underlining YOHT’s own distinct space in the off-highway segment. As a result, the ATG trademark was phased out around the world as of 1 January 2021.
Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
Today Yokohama announced that it is consolidating its OTR tyre businesses into Yokohama Off-Highway Tires, which could be read as a prelude to the announcement Yokohama’s bid for the Prometeon tyre business. Roughly a year after the story broke, Yokohama’s bid for Prometeon isn’t the best kept secret in the tyre industry. Tyres & Accessories first heard talk of Yokohama’s bid for the ex-Pirelli industrial and commercial vehicle tyre business back in July 2019. The news was reported world-wide after we broke the story in September 2019, followed days later by third-party confirmation from the Chinese side of the deal. At that time, the deal was set to go public by the end of 2019. A few months later at the start of 2020, the timeframe switched to an end-of-first-quarter 2020 deadline. Then the coronavirus pandemic happened. And in the months that have followed things have gone quiet. So, where is Yokohama’s bid for Prometeon up to? The latest news is that deal is still on-track, but that there have been a few changes along the way. Here, Tyres & Accessories brings an update on the status of the acquisition and offers a different view on the deal by looking at it from a South American perspective.