TRELLEBORG, Sweden (Sept. 26) — Trelleborg Wheel Systems S.p.A. has agreed to acquire Australian specialty tire distributor Solid Service Group, a business with about 40 employees and annual sales of nearly $9 million.
Trelleborg said privately owned Solid Service Group is one of the largest distributors of solid industrial tires in Australia, with its head office in Dandenong, outside Melbourne, and branches in Melbourne, Sydney, Brisbane, Adelaide, Perth, Darwin and Tasmania.
The operation focuses on specialized service for industrial customers, including fixed pressing units and mobile pressing units for onsite fitting of all types of industrial tires, primarily for various types of forklifts.
The acquisition is expected to be completed during the fourth quarter. Terms were not disclosed.