Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Rubber Division IEC
    • ITEC
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • War in Ukraine
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • 2022 Hose & Belt Manufacturers Conference
    • 2022 International Silicone Conference
    • 2022 International Tire Exhibition & Conference (ITEC)
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
December 22, 2016 01:00 AM

Magna Tyres acquires Dutch retreader

Tire Business Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    WAALWIJK, Netherlands—Off-the-road tire specialist Magna Tyres Group has acquired OBO Tyres, a Dutch retreader that specializes in agricultural and OTR tires and related repair services.

    Magna called the acquisition of Hardenberg, Netherlands-based OBO Tyres the "next step" in its global expansion plan, and one that provides Magna a "cost-effective" retreading option for its customers.

    "We expect OBO Tyres to be an attractive add-on for existing Magna Tyres customers but also an opening to new markets," Magna Tyres CEO Michael de Ruijter said.

    Financial terms of the deal were not disclosed, but Magna called OBO the largest retreader in the Netherlands. OBO Tyres will retain its name under Magna's ownership, the company said.

    OBO—the name is derived from its original name, Overijsselse Banden Onderneming—was founded in 1959 in Beerzerveld, Holland. It moved in 2006 to Hardenberg and later added a second location, in Leipzig, Germany.

    Besides retreading, OBO Tyres distributes Techking-brand OTR in Austria, France, Germany and Switzerland and also handles Magna and Magna's MTP associate brands.

    Waalwijk-based Magna Tyres describes itself as a privately held manufacturer of OTR, industrial and truck tires, with 10 sales offices worldwide. It operates a 250,000-sq.-ft. warehouse in Waalwijk.

    The company designs and engineers its tires in Netherlands, but final production is at plants in China and Taiwan using rubber compounded in Netherlands, Russia and the U.S., according to Magna.

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Wacky World of Rubber: The true story behind the rubber match
    2
    Stakes high as global NR industry urgently seeks alternate supply
    3
    Updated: Conti fined for compound mixer explosion, shears accident
    4
    ExxonMobil to increase olefinic capacity with $2 billion expansion
    5
    Uth: Investment in solar power a reflection of success
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News China
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • News
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Rubber Division IEC
      • ITEC
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • War in Ukraine
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • 2022 Hose & Belt Manufacturers Conference
        • 2022 International Silicone Conference
        • 2022 International Tire Exhibition & Conference (ITEC)
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
    • Advertise
    • DIGITAL EDITION