Bridgestone has said its €910m (£793m) proposed purchase of Tom Tom’s telematics business will create a commercial vehicle fleet powerhouse. The deal will bring together, in Bridgestone’s own words, “the world’s largest tyre company with the number one provider of digital fleet solutions in Europe”. Bridgestone added that the purchase of Tom Tom Telematics (TTT) would grant access to the biggest European data platform of cars and trucks available, strengthening its offer especially in regards virtual development and testing, as […]
Continental Tyres has renewed and extended its warehousing and distribution contract with Norbert Dentressangle for another five years.
Bridgestone has extended its tyre supply and maintenance deal with dairy farmer co-operative Arla Foods until 2020.
As the world’s largest new tyre manufacturer, turning over $28bn (£22bn) a year, it might seem surprising that Bridgestone also has a significant retread operation. It purchased global cold cure retread franchise Bandag, largely for its huge US operation, and acquired UK hot cure specialist Bulldog in Bourne, Lincolnshire. The fortunes of truck tyre retreaders have waxed and waned in the past decade as a period of high prices and shortages of new tyres prior to 2011 has since been […]