Tire company plans to acquire Dutch-based tire firm.
Trelleborg Wheel Systems Industrial Tires has signed an agreement to acquire the Netherlands-based industrial tire specialist Industriebanden Beheer BV. The Dutch firm offers industrial tire supply and service solutions to the material handling industry in the Netherlands.
In a release, Trelleborg says that Industriebanden Beheer BV’s operating companies will be fully integrated into Trelleborg Wheel Systems, with the service operations being rebranded under the Interfit name in line with other service businesses in Europe.
Jean-Paul Mindermann, president of Trelleborg Wheel Systems Industrial Tires, says, “We are delighted to welcome our new colleagues into the Trelleborg family. ITN and Solid Centre both have exceptional reputations and are a perfect strategic fit for our business. This acquisition increases our service capability in Northern Europe and will reinforce our strategic relationships with the global leading forklift original equipment manufacturers.
“Expanding our service presence is a key strategic goal. We are increasingly involved in aftermarket programs to help the global leading OEMs develop their tire sales revenues. Developing our service reach is essential to that process. We believe that as a key supplier we have to offer more, to go further, and think beyond simply providing a quality product,” Mindermann adds.
Elio Bartoli, managing director of Trelleborg Wheel Systems Industrial Tires Europe, adds, “Our relationship with ITN and Solid Centre goes back a number of years. Over time we have increasingly become aligned in our approach and now the time is right for us to come together. Developing the Interfit service concept in the Netherlands is a very exciting opportunity both for Trelleborg and, more importantly, for our customers across the region.”
Industriebanden Beheer BV consists of three operating companies, ITN BV, Solid Centre BV and Solid Tyres Europe BV located in Apeldoorn and Ridderkerk, in the Netherlands.
The acquisition is expected to be completed in the first quarter of 2013.