Trelleborg wraps up acquisition of German tyre operation.
Trelleborg Wheel Systems has finalized its acquisition of White Baumaschinenreifen of Duisburg, Germany. The company specializes in the service, fitting and repair of pneumatic and solid tyres for construction vehicles in Germany.
The acquisition strengthens and enlarges Trelleborg’s European distribution network for tyres for materials handling and construction vehicles. White Baumaschinenreifen had sales of about ($10.6 million) SEK 90 M in 2016. The acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments, the company said.
Paolo Pompei, president of Trelleborg Wheel Systems, commented: “The acquisition gives us the opportunity to expand our tyre service concept for materials handling and construction vehicles, while also allowing us to enhance our sales of service and distribution in Europe. It strengthens our entire supply chain from manufacturing to service of tyres.”