Camoplast Solideal Inc. acquires Eastwood Tyres and further strengthens 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 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," concludes 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 its leadership position in the market by growing its footprint to provide excellence in both product delivery and mobile tire service.