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Continental acquires Hoosier Racing Tire Corporation

Continental is taking over Hoosier Racing Tire Corp. The company based in Lakeville/Indiana in the USA produces special tyres for racing application. “This take-over is an impressive example of the consistent implementation of our long-term growth strategy Vision 2025 with focus on strategic planning and consistent implementation of technological innovations. The take-over of Hoosier Racing Tire is a promising addition to our product portfolio and will support our growth strategy, above all in the ultra high performance segment“, said Nikolai Setzer, member of the Board of Directors at Continental AG and Head of the Tyre Division.

Continental is taking over Hoosier Racing Tire Corp. The company based in Lakeville/Indiana in the USA produces special tyres for racing application. “This take-over is an impressive example of the consistent implementation of our long-term growth strategy Vision 2025 with focus on strategic planning and consistent implementation of technological innovations. The take-over of Hoosier Racing Tire is a promising addition to our product portfolio and will support our growth strategy, above all in the ultra high performance segment“, said Nikolai Setzer, member of the Board of Directors at Continental AG and Head of the Tyre Division.

Dr. Jochen Etzel, CEO at Continental Tire the Americas, LLC (CTA) added: “The management of Hoosier created a real showpiece enterprise. We are convinced that Hoosier is in an excellent position in order to continue its growth course in the future and we are looking forward to supporting Hoosier with our additional know-how and our extensive network on its chosen path. The management of Hoosier will also remain responsible for the racing tyre business in the future. We are fully endorsing the employees and the social environment Hoosier is active in. We are looking forward to the future cooperation in order to grow faster together.“

(akl)

Reifenindustrie

Continental erwirbt Hoosier Racing Tire Corporation

Continental übernimmt die Hoosier Racing Tire Corp. Das Unternehmen mit Sitz in Lakeville, Indiana, USA fertigt Spezialreifen für den Renneinsatz. „Diese Übernahme ist ein eindrucksvolles Beispiel der konsequenten Umsetzung unserer langfristigen Wachstumsstrategie Vision 2025 mit Schwerpunkt auf der strategischen Planung und konsequenten Umsetzung technologischer Innovationen. Die Übernahme von Hoosier Racing Tire ist eine vielversprechende Ergänzung unseres Produktportfolios und unterstützt unsere Wachstumsstrategie, vor allem im Ultra High Performance Segment“, so Nikolai Setzer, Mitglied im Vorstand der Continental AG und Leiter der Division Reifen.

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Goodyear and TIP have been working together in fleet management for 15 years.

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Goodyear and TIP extend partnership

Goodyear and TIP Trailer Services group are cooperating for another five years on tire and fleet management for more than 100,000 vehicles.

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New brand presentation of Nokian Tyres

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English Section

OBO Tyres takes over exclusive distribution of Magna Tyres in Benelux

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