Trelleborg AB, through its business area Trelleborg Wheel Systems, has signed an agreement and finalized the acquisition of the industrial tire business of the Dutch company Industriebanden Beheer B.V.
The business specializes in the distribution and service of industrial tires, including forklift tires. Trelleborg says the acquisition strengthens and enlarges its European industrial tire distribution network.
The acquired business has its head office in Ridderkerk, the Netherlands, and serves mainly the Dutch market. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive and profitable market segments.
“The acquisition gives us the opportunity to expand our successful industrial tire service concept while also allowing us to grow in the areas of service and distribution in Europe,” says Maurizio Vischi, Business Area president, Trelleborg Wheel Systems.
“It strengthens our entire supply chain, from manufacturing to service of industrial tires. The acquired business commands a strong position in the market and has a favorable profitability record.”
The company was recently recognized for performance on quality, service, logistics and environmental commitment (Trelleborg gets an ‘A’ from AGCO Fendt).
