Acquisition Helps Camso Expand in Europe
Camso, formerly Camoplast Solideal, is expanding its capabilities and presence in the European market with the acquisition of Eurowheel, a supplier of tire presses, wheels, and tools for distributors and original equipment manufacturers in Europe.
“This acquisition will allow Camso to produce a greater volume and a wider range of wheels for resilient and press-on tires,” says Gregory Fossey, vice president of the Europe, Middle East and African aftermarket division for Camso. “As a niche player in the off-the-road market, Camso aims to provide products and services to OEM and aftermarket clients for special wheels and small order quantities; needs not met by any other company."
Adding Eurowheel’s manufacturing capacity to that of Camso’s will ensure more flexibility on wheel production and bring shorter lead times for customers. This benefits Camso’s European tire service business in Europe, but more specifically in Belgium, The Netherlands, UK and Germany. Eurowheel is located in Herenthout, Belgium.
Camso assumes responsibility for Eurowheel’s employees, facility, inventory, and equipment.
“We will continue to build upon the expertise and processes that Eurowheel customers have grown accustomed to. We are confident the shared knowledge of the two teams will continue to provide a competitive and reliable wheel offering to customers,” says Fossey.
For more information visit camso.co.