Titan completes purchase of Denman assets
The U.S. Bankruptcy Court for the Northern District of Ohio has approved the sale of certain Denman Tire assets to Titan Tire Corp., a subsidiary of Titan International. The transaction totaled $4.4 million.
Titan has acquired the Denman name, tire specifications, patents, molds, various bladder tooling, customer lists and other items. The purchase did not include machinery, land or buildings.