Titan completes purchase of Denman assets

June 7, 2010

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.