Camoplast Solideal buys New Zealand dealer
Camoplast Solideal Inc. has acquired Eastwood Tyres in Auckland, New Zealand.
Camoplast Solideal says the acquisition strengthens its position in the Asia-Pacific market. The company will assume immediate responsibility of the Eastwood facility in Auckland, New Zealand including all staff, inventory, receivables, and equipment.
“We are committed to being the global reference in delivering enhanced mobility solutions for the off-the-road market,’’ says Gregory Fossey, vice president and CEO Asia-Pacific at Camoplast Solideal.
“We are always on the lookout for businesses willing to join us and help achieve this goal,” says Fossey.
Camoplast Solideal says the Eastwood acquisition marks its first true brick and mortar venture into the New Zealand market. Building off Eastwood’s established network, the business will continue to grow its material handling and construction tire distribution business. Eastwood’s existing material handling service footprint will also help grow the Camoplast Solideal service network throughout the country.
“We look forward to continuing a strong relationship with Eastwood. As one team, we will deliver superior, reliable products and services for real needs and applications for our clients,” says Fossey.
Camoplast Solideal and Eastwood Tyres have enjoyed a 25-year manufacturing and distribution partnership. Camoplast Solideal says the acquisition further demonstrates its commitment to maintain its leadership position in the market by growing its footprint to provide excellence in both product delivery and mobile tire service.
Camoplast Solideal develops, designs, manufactures and distributes off-road tires, wheels, rubber tracks and undercarriage systems to serve the material handling, construction, agricultural and powersports industries.
The company employs more than 7,500 people and operates R&D centers and manufacturing plants in North and South America, Europe and Asia. A supplier to most leading OEMS, the company distributes its products in the replacement market through a global distribution and service network.