The Yokohama Rubber Co Ltd has entered into a share purchase agreement with the Swedish-based Trelleborg AB to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB (TWS), a company engaged in the manufacture and sale of off-highway tyres (OHT) for agricultural and industrial machinery. TWS’s enterprise value is EUR 2,040 million. 

Yokohama Rubber said in a statement that the acquisition is scheduled to be completed in the latter half of 2022. The acquisition’s impact on Yokohama Rubber’s consolidated financial results is currently under examination, it said. 

Yokohama Rubber is currently implementing its Yokohama Transformation 2023 (YX2023) medium-term management plan for fiscal years 2021–2023.  

The TWS acquisition will contribute to the expansion of Yokohama Rubber’s OHT business, which YX2023 has positioned as a future growth driver for the company’s commercial tyre business. The ratio of consumer tyres to commercial tyres in today’s global tyre market is 1:1, but Yokohama Rubber’s tyre business sales are more heavily weighted toward consumer tyres, with a 2:1 ratio versus commercial tyres, the release pointed out. To bring the sales composition of its tyre business more in line with the overall market and secure the business’ stability and earnings growth, one of the key challenges facing Yokohama Rubber’s commercial tyre business is the growth of an OHT business capable of securing stably high earnings. The TWS acquisition will not only help Yokohama Rubber’s tyre business achieve a more optimal sales composition, but it will also strengthen the company’s commercial tyre business in each of the four thematic areas set forth in YX2023—product lineup, cost, service, and DX, the company said. 

TWS sales in fiscal 2021 totalled about YEN 129.0 billion, accounting for about 30 per cent of Trelleborg AB’s consolidated sales. Over the past 10 years, TWS has expanded its sales by 2.6 times and more than tripled EBIT (earnings before interest and taxes). While expanding sales it has sustained stably high profitability, with its EBIT ratio continuously above 10 per cent, the release said. 

Of tyres manufactured and sold by TWS, agricultural tyres account for about 60 per cent and industrial tyres about 20 per cent, with the remainder being tyres for construction machinery and motorcycles. TWS has 14 manufacturing plants in nine countries — seven in Europe (Italy, Latvia, Serbia, Slovenia, and three in the Czech Republic), two in the United States, one in Brazil, and four in Asia (two in China and two in Sri Lanka). About 70 per cent of its sales are in Europe. (TT)

Comments (0)

ADD COMMENT

Link Copied!

The British Tyre Manufacturers’ Association (BTMA) has secured a one-year mandate to represent Europe’s national tyre trade bodies on the Tyres Europe Board of Directors. The decision was made during the first meeting of the newly created National Associations Leadership Council, a body intended to improve coordination between national and European industry representatives.

The Council includes associations from UK, Spain, Italy, France, Poland, Hungary, Czechia, Slovakia, and the Netherlands. It will serve as a platform for exchanging views on sector-wide issues, identifying matters of broader European significance and feeding national perspectives into Tyres Europe’s discussions.

As the Council’s chosen representative, BTMA Chief Executive Darren Lindsey will relay shared priorities to the Board and report back on relevant outcomes. For BTMA members, this offers earlier and more detailed insight into European-level discussions, plus a direct route to raise UK concerns on trade, enforcement, end-of-life tyres and product regulation in Brussels alongside eight other national markets.

Lindsey said, “This is a genuine step forward for the national associations, and the BTMA is grateful for the confidence its European colleagues have shown in asking us to hold the seat. Our job over the next year is a simple one to describe and a demanding one to do well: to make sure the Board hears not just the UK view, but the common thread running through nine national markets and to bring back what we learn so that every association benefits. Members need to understand the associations they belong to and the value those associations create, and where that picture is changing it should be discussed at Tyres Europe level as part of our collective strategic thinking, not in isolation. That culture of open exchange is what this Council exists to build.”

Adam McCarthy, Secretary General, Tyres Europe, said, “The Leadership Council strengthens the mutually beneficial exchange of information between Tyres Europe and the national associations. National insights can better inform discussions at European level, while associations gain a clearer view of relevant EU developments. This closer two-way exchange will support more coordinated and effective representation of the sector.”

Comments (0)

ADD COMMENT

Link Copied!

Blackcircles.com has become a member of the National Tyre Distributors Association (NTDA), deepening its engagement with the UK tyre trade. The NTDA represents businesses spanning retail, wholesale, distribution, mobile fitting, manufacturing, retreading and recycling, along with the broader automotive aftercare sector.

The move marks a further step in Blackcircles.com’s efforts to forge closer industry relationships and help shape conversations about the sector’s direction. Membership offers a chance to share its digital tyre retail expertise with the wider trade while drawing insight from companies active in different parts of the market.

Since its 2001 launch, Blackcircles.com has changed how motorists purchase tyres, merging online ordering with a nationwide network of independent fitting partners. As UK’s leading online tyre retailer, it now links customers to a broad selection of tyres and fitting choices.

NTDA involvement will support greater participation in discussions on industry standards, professional development, regulation and tyre safety. Blackcircles.com has long valued fitters and independent garages, and the membership reinforces that connection as the trade confronts evolving vehicle technology, electric vehicle growth, sustainability pressures and shifting customer expectations.

Michael O’Connor, Chief Operations Officer, Blackcircles.com, said, “Joining the NTDA is an important step for Blackcircles.com and reflects our commitment to playing an active role in the wider UK tyre industry. Our business brings together the convenience of digital retail with the expertise of tyre professionals across the country, and we’re looking forward to working more closely with the NTDA and its members to share knowledge, strengthen relationships and support high standards across the sector.”

John Paterson, Head of Network, Blackcircles.com, said, “One of the real strengths of the NTDA is its ability to bring together businesses from across the tyre industry and give the sector a collective voice. As customer expectations, vehicle technology and the way people buy tyres continue to evolve, that collaboration becomes increasingly valuable. We’re excited to work alongside the NTDA and its members, sharing our experience in digital tyre retail while contributing to the conversations that will help shape the future of the industry.”

Comments (0)

ADD COMMENT

Link Copied!

Maxam Tire has introduced the MT152 Rubber Track, a new product featuring an enhanced Z-Lug design. This track is engineered to provide exceptional traction, durability and extended service life for compact track loaders operating in demanding environments.

Building on the proven performance of traditional Z-Lug rubber tracks, the MT152 combines aggressive traction with increased tread depth and a larger footprint. This design improves wear life without sacrificing performance. It is intended for construction, site preparation and general earthmoving applications, excelling in loose ground conditions while offering the stability and durability contractors rely on daily.

The MT152 features a heavy-duty carcass for enhanced machine stability and long-lasting structural integrity under demanding workloads. Its stepped tread pattern improves self-cleaning by allowing mud and debris to expel more efficiently, maintaining consistent traction throughout the workday. A cut and tear-resistant tread compound further boosts durability in harsh conditions, while the increased tread depth and optimized net-to-gross ratio deliver longer tread life and greater overall value.

Matt Fagan, Director – Research & Development, Maxam Tire, said, “The MT152 was developed to give equipment owners aggressive traction and the durability they need to maximise uptime. By enhancing the traditional Z-Lug design with a deeper tread, larger footprint and reinforced carcass construction, we’ve created a rubber track that delivers outstanding performance, extended wear life and dependable operation across a wide range of challenging jobsite conditions.”

Comments (0)

ADD COMMENT

Link Copied!

Birla Carbon will use its presence at RubberTech China 2026 to demonstrate how its operations across Asia, including China, are being scaled up to meet demand from both regional and international customers. The manufacturer of high-quality carbon materials will exhibit at the Shanghai New International Expo Center from 15 to 17 September 2026 at Booth No. W5B467.

Growth in manufacturing capacity and geographic reach underpins the company's push for greater supply reliability, responsiveness and consistency. Thailand's Rayong facility and an additional high-output Indian plant both commence operations this year. Across key Asian markets, these additions bolster dependable volume availability, sharpen the company's ability to react swiftly to changing customer demands and shorten delivery timelines by operating nearer to buyers.

A broad solutions portfolio awaits exhibition attendees. Engineered materials for mechanical rubber goods (MRG) deliver enhanced hose durability, superior belting abrasion resistance and reliable performance in anti-vibration and sealing systems. Tyre-focused carbon black grades extend product lifespan while improving fuel and energy efficiency, with Euro 7-inspired and EV-designed options covering PCR, LT and TBR applications. Low PAH grades hold certification for skin-contact and export markets, functioning as drop-in ASTM replacements. Continua SCB and SCM products permit elevated recycled and bio-based content as drop-in substitutes for conventional ASTM grades, assisting customers in advancing circularity goals without sacrificing performance.

Amit Kumar, President, Asia, Birla Carbon, said, “The Asia region is increasingly viewed as a manufacturing hub for the world, with China playing a central role in the growth of high-value MRG and tyre markets.  This is making performance, supply reliability and sustainability more critical than ever for the region. At Birla Carbon, we are strengthening our regional material capacity and footprint to be closer to our customers and respond more effectively to their evolving needs. With expanded capacity and innovative solutions spanning MRG, tyres, including Euro 7-inspired and EV-designed performance materials low PAH applications, and sustainable offerings, we are well positioned to help customers enhance product performance, build more resilient supply chains and advance their sustainability goals.”

Comments (0)

ADD COMMENT

Link Copied!