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Tuesday, December 5, 2023

GB Tyres Announce the Purchase of Nordic Tyres (UK) Ltd

GB Tyres Announce the Purchase of Nordic Tyres (UK) Ltd

Nordic Tyres based in Dumfries Scotland was established in 1999 and has grown to become a well-respected business and important player in the UK Agricultural and Forestry tyre sectors.

The business has strong and long-standing relationships with CEAT and Nokian and are also appointed distributors of Maxxis, Duro and Kenda ATV tyres, as well as Pronar wheels and Nexen Tubes. These important relationships are set to continue and the new owners are looking forward to further building on the strong relationship and supporting the growth of these key brands.

Alan Lindsay, Managing Director, Nordic tyres (who will remain in the business) commented “I’m thrilled that Nordic Tyres have become part of the GB Tyres family, both businesses share the same ethos and ambitions and I have no doubt that the acquisition will be an extremely positive step for both companies.”

Nordic Tyres will continue to operate as an independent entity, but with added support from its new owners, in terms of funding, strategic direction, and sales and marketing. In time the two businesses will be linked very closely, and customers will be able to access products from either business in a seamless manner. The new owners have ambitious plans for the business and expect ongoing and significant growth over the next few years.

Sukhi Singh, Managing Director at GB Tyres commented “I am delighted that we have been able to accelerate our growth in the Agricultural sector through the purchase of a well-respected established business. There are fantastic opportunities for both businesses as a result of the acquisition, and I look forward to offering our loyal customers an even better product portfolio and overall level of service.”

In 2022 GB Tyres extended its offering into the Plant, Agricultural and OTR segments. This included exclusive distribution of key brands in the UK and Europe and the appointment of a dedicated salesperson in these areas. The acquisition of Nordic Tyres allows GB Tyres to accelerate its growth in this important part of the market.

If you have further questions, please contact GB Tyres through its website www.gbtyres.net

Source: Tyretradenews

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