AKRON—Goodyear has completed the acquisition of tire inspection technology company Ventech Systems GmbH from Grenzebach Maschinenbau GmbH, the Akron-based tire maker said in statement.
Dorsten, Germany-based Ventech supplies automated systems for checking tire pressure, tread depth and vehicle weight. Its products are used on buses, trucks, cars and other vehicles. Goodyear said the acquisition will help to support its fleet services in Europe and other geographies of the world.
Ventech will be integrated into the Goodyear Proactive Solutions business in the Europe, Middle East and Africa region. This GPS unit was launched last year to help fleet owners to improve safety, save fuel, cut emissions and advance the digitalization of their fleets.
Andre Weisz, managing director, Goodyear Proactive Solutions, has been named CEO of Ventech Systems. Andreas Pietsch, Ventech Systems chief operating officer, will remain in that position.