Items Tagged with 'Trelleborg Wheel Systems'

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AEI Newsmakers: May 2023

May 15, 2023 | Posted in Dealers & Dealerships, Mergers & Acquisitions

AGCO Announces Capital Investment Project at Beloit & Cawker City Facilities in Kansas
Yokohama Rubber Acquires Trelleborg Wheel Systems
ExxonMobil Boosts Refining Capacity by 250,000 Barrels Per Day
Chile to Nationalize Lithium Industry
Maschio Gaspardo to Set Up Distribution Company in U.K.
AGCO & Hexagon to Expand Distribution of Hexagon’s Ag Guidance Systems

Yokohama Rubber Co., Ltd. Acquires Trelleborg Wheel Systems

Company will operate under the name "Yokohama TWS," and will operate as a new company with no change to its organizational structure.

May 2, 2023 | Posted in Mergers & Acquisitions

Company will operate under the name "Yokohama TWS," and will operate as a new company with nFollowing last year’s announcement, Trelleborg Wheel Systems is pleased to announce the acquisition by The Yokohama Rubber Co., Ltd. has been successfully completed for 2,074 million euro. o change to its organizational structure.

Tire Unit 'Ready for Take-Off' Says Trelleborg on 19% Sales Recovery

March 24, 2022 | Posted in Earnings Reports

With agriculture in a generally upward phase of its traditional cycle and the size and power of tractors and other machinery continuing to grow, Trelleborg Wheel Systems is ‘ready for take-off’ says the business segment’s President, Paolo Pompei.

Trelleborg Wheel Systems Implements Price Increases Across All Segments

March 24, 2022 | Posted in Ag Equipment Business

Effective from April 2022, Trelleborg Wheel Systems has announced price increases up to 15% on all brands and segments globally.

Trelleborg Wheel & Tire Revenues Lose Traction

April 15, 2020 | Posted in Ag Equipment Worldwide

A reduction in demand for the agricultural, industrial and construction machinery tires it manufactures resulted in a dip in organic sales and a sharp decline in profitability at Trelleborg group’s Wheel Systems business unit last year.

Trelleborg Net Sales Up 9% for FY18

March 20, 2019 | Posted in Earnings Reports

The agricultural and industrial tire business unit of Sweden’s Trelleborg Group increased sales and profitability last year as it continued to integrate CGS business and its Mitas agricultural products acquired mid-way through 2016.

CGS Acquisition Paying Off for Trelleborg

July 1, 2017 | Posted in Mergers & Acquisitions

Trelleborg expects to realize cost savings and sales synergies equivalent to at least $46 million from the acquisition of Czech farm and specialist tire maker CGS Holding, according to the group’s annual report.

Trelleborg Completes CGS Holding-Mitas Acquisition

July 1, 2016 | Posted in Mergers & Acquisitions

Trelleborg, the engineered polymers group based in Sweden, has completed its acquisition of Mitas farm tire maker CGS Holding, giving the Trelleborg Wheel Systems ag and forestry tire and rims business two plants in the U.S.

Trelleborg to Buy Mitas Tire Company

November 1, 2015 | Posted in Mergers & Acquisitions

Less than a two weeks after making its first tire in North America at a new factory in Spartanburg, S.C., Trelleborg agreed to terms to acquire the company behind the Mitas tire brand and its manufacturing facility in Charles City, Iowa.

Trelleborg Increases Ag Tire Competition with New U.S. Factory

July 1, 2014 | Posted in Equipment & Equipment Sales

Sweden’s Trelleborg announced plans to open its first North American manufacturing facility dedicated to the production of premium radial tires for agricultural machinery.

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