Canadian off-highway tyre manufacturer Camoplast Solideal has acquired Auckland, New Zealand-based Eastwood Tyres, further strengthening its position in the Asia-Pacific market.
“We are committed to being the global reference in delivering enhanced mobility solutions for the off-the-road market,’’ said Gregory Fossey, vice president and CEO Asia-Pacific at Camoplast Solideal. “We are always on the lookout for businesses willing to join us and help achieve this goal,” he added.
The Eastwood acquisition is said to mark Camoplast Solideal’s first true brick and mortar venture into the New Zealand market. Drawing on Eastwood’s established network, Camoplast Solideal will continue to grow its material handling and construction tyre distribution business. Eastwood’s existing material handling service footprint will also help grow the Camoplast Solideal service network throughout the country.
“We look forward to continuing a strong relationship with Eastwood. As one team, we will deliver superior, reliable products and services for real needs and applications for our clients,” said Fossey.
