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Acquisitions

    • Take 5 Oil Change buys QuikStop Oilube

      CHARLOTTE, N.C. Take 5 Oil Change has acquired QuikStop Oilube of Burlington, Ky., which operates 10 locations in the greater Cincinnati market, marking Take 5's entry into Indiana/Kentucky/Ohio tri-state area.

    • Trelleborg CEO defends CGS acquisition

      TRELLEBORG, Sweden — Trelleborg A.B.'s top executive has defended his company's $1.25 billion purchase of CGS Holding A.S., saying the agricultural tire sector "will eventually turn."

    • Marangoni sells solid tire assets to Onyx

      ROVERETO, Italy — Marangoni S.p.A. has sold its solid tire manufacturing and distribution assets to Onyx Group, a Dubai, United Arab Emirates-based diversified entity with holdings in transportation, engineering and trading.

    • Prometeon Tyre launches dedicated website

      MILAN, Italy — Prometeon Tyre Group S.r.l. has launched its own website and disclosed that the operations of China's Aeolus Tyre Co. Ltd. will be integrated into Prometeon before year-end.

    • Aeolus seeks to raise $840M for Pirelli deal

      JIAOZUO, China — China's Aeolus Tyre Co. Ltd. is seeking to raise $840 million through a public share offering to cover the cost of acquiring a 90-percent stake in Prometeon Tyre Group.

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