May 5, 2015 – Camoplast Solideal Inc. recently acquired Eastwood Tyres to strengthen its position in the Asia-Pacific market. The business will assume immediate responsibility of the Eastwood facility in Auckland, New Zealand including all staff, inventory, receivables, and equipment.
“We are committed to being the global reference in delivering enhanced mobility solutions for the off-the-road market,’’ says Gregory Fossey, vice-president and CEO of Asia-Pacific at Camoplast Solideal. “We are always on the look out for businesses willing to join us and help achieve this goal.”
The Eastwood acquisition marks Camoplast Solideal’s first true brick and mortar venture into the New Zealand market. Building off Eastwood’s established network, the business will continue to grow its material handling and construction tire distribution business by providing the right tire, for the right application at the right time.
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.
Camoplast Solideal and Eastwood Tyres have enjoyed a 25-year manufacturing and distribution partnership. Together, they will be ideally placed to improve upon the already-strong relationship with tire dealers and distributors in the region.
The acquisition further demonstrates the organization’s unyielding commitment to maintain their leadership position in the market by growing their footprint to provide excellence in both product delivery and mobile tire service.
About Camoplast Solideal
Camoplast Solideal is a world leader in the design, manufacture, and distribution of off-road tires, wheels, rubber tracks and undercarriage systems to serve the material handling, construction, agricultural and powersports industries. It employs more than 7,500 dedicated employees and operates advanced R&D centres and manufacturing plants in North and South America, Europe and Asia. Camoplast Solideal is a supplier to leading original equipment manufacturers (OEM) and distributes its products in the replacement market through its global distribution network.
Camoplast Solideal acquires Eastwood Tyres
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