Camso Acquires Belgiums Eurowheel For Undisclosed Sum
6th July 2016
Camso, formerly Camoplast Solideal, says it has strengthened its service offering in Europe and increased its wheel manufacturing capacity with the acquisition of Eurowheel, a long-time supplier of tyre presses and small runs of wheels.
Located in Herenthout, Belgium, Eurowheel is an established manufacturer of wheels, presses and tools for European distributors as well as OEMs across Europe.
This acquisition will allow Camso to produce a greater volume and a wider range of wheels for resilient and press-on tyres, says Gregory Fossey, Vice President, EMEA – Aftermarket Division at Camso. 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, adds Fossey.
Adding Eurowheels manufacturing capacity to that of Camsos will, they say, ensure more flexibility on wheel production and bring shorter lead times for customers. This benefits Camsos European tyre service business in Europe, but more specifically in Belgium, The Netherlands, UK and Germany.
Camso is assuming responsibility for Eurowheels employees, facility, inventory and equipment. Employees from both organizations are to collaborate together to build a larger, better team to ensure consistency in the quality of its products and services.
Figures have not been disclosed.