Built to inform

Sign up for the daily newsletters

No, Thank you

Camso acquires Belgian tyre press, wheel supplier

In a bid to bolster its service offering and wheel manufacturing capacity, Camso has acquired Eurowheel, a Belgium-based supplier of tyre presses and small runs of wheels

Camso has acquired Eurowheel, a Belgium-based supplier of tyre presses and small runs of wheels.
Camso has acquired Eurowheel, a Belgium-based supplier of tyre presses and small runs of wheels.

Camso has acquired Eurowheel, a Belgium-based supplier of tyre presses and small runs of wheels.

Formerly known as Camoplast Solideal, the Canada-headquartered firm, which produces a range of off-road tyres, wheels, and tracks, stated that the acquisition will bolster its service offering and wheel manufacturing capacity across Europe.

Located in Herenthout, Belgium, Eurowheel manufactures wheels, presses, and tools for distributors and original equipment manufacturers (OEMs).

Gregory Fossey, vice president of Camso’s Europe, Middle East, and Africa (EMEA) aftermarket division, commented: “This acquisition will allow Camso to produce a greater volume and a wider range of wheels for resilient and press-on tyres.

“As a niche player in the off-the-road market, Camso aims to provide products and services to OEM and aftermarket clients for special wheels and small order quantities; needs not met by any other company.”

The addition of Eurowheel’s manufacturing capacity will offer greater flexibility on wheel production, leading to shorter lead times, according to Camso.

Under the terms of the acquisition, Camso assumes responsibility for Eurowheel’s employees, facility, inventory, and equipment.

“We will continue to build upon the expertise and processes that Eurowheel customers have grown accustomed to,” added Fossey. “We are confident the shared knowledge of the two teams will continue to provide a competitive and reliable wheel offering to customers.”

The value of the acquisition has not been disclosed.

Most popular

Awards

Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 754
Nov 23, 2019