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International tyre specialist expands into NZ

Wednesday, 6 May 2015 ( #717 ) - Auckland, New Zealand
Local News Story
The acquisition of Eastwood Tyres marks Camoplast Solideal’s first brick and mortar venture in the New Zealand market.
Global tyre supplier Camoplast Solideal Inc. has bought Auckland-based Eastwood Tyres to strengthen its position in the Asia Pacific market.

The two companies have enjoyed a 25-year manufacturing and distribution partnership and the acquisition marks Camoplast Solideal’s first brick and mortar venture in the New Zealand market. It will assume immediate responsibility for the Eastwood facility, 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, Camoplast Solideal vice president and CEO Asia Pacific.

Building on Eastwood’s established network, the business will continue to grow its materials handling and construction tyre distribution business and says Eastwood’s existing service footprint will also help grow its 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," adds Fossey.

Camoplast Solideal is a world leader in the design, manufacture, and distribution of off-road tyres, wheels, rubber tracks and undercarriage systems to serve the materials handling, construction, agricultural and powersports industries.  It has R&D centres and manufacturing plants in the USA, Canada, Europe and Asia.
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