Delticom: Strategic options for the North America business

Freitag, 29 Juni, 2018 - 08:45
The Delticom AG is checking strategic options for its e-commerce activities in North America.

The Delticom AG is checking strategic options for its e-commerce activities in North America. The online tyre trade with private and commercial customers in North America is carried out via the web shops tires-easy.com, giga-tires.com and tires-easy.ca under the umbrella of Delticom North America Inc., in which the Delticom AG has a share of 75 per cent.

According to responsible people, the online tyre business is enormously growing in North America. In the past business year, the North America subsidiary succeeded in increasing turnover by nearly 50 per cent compared with the previous year. The Delticom AG is checking different development options for Delticom North America Inc. According to company information, it is negotiating with a selection of potential investors and market participants. According to a press release, the management of Delticom AG will take an unbiased decision concerning the future activities in North America after analysing several strategic options.

Source: 

kle

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