Trelleborg has, through its business area Trelleborg Wheel Systems, signed an agreement and finalized the acquisition of the French industrial tire distributor D.G. Manutention Services SAS (DGMS). The business specializes in the distribution and service of industrial tires, such as those fitted on forklift trucks, to customers in southern France. The acquisition further strengthens and enlarges Trelleborg’s European industrial tire distribution network.
The acquired business has its head office in Marseille, France. Sales in 2014 amounted to approximately SEK 50 M. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments.
“The acquisition gives us the opportunity to expand our industrial tire service concept while also allowing us to grow our service and distribution in Europe. It strengthens our entire supply chain, from manufacturing to service of industrial tires,” says Maurizio Vischi, President of the Trelleborg Wheel Systems business area.
The transaction will be consolidated as of February 1, 2015.