BRISBANE, Australia (June 15, 2016) — Kal Tire's Mining Tire Group has acquired the tire services business of Klinge & Co. Pty. Ltd. in Australia, a move that will allow Kal to expand its reach into eastern Australia, where many of Australia's major mines operate.
Financial terms of the deal were not disclosed. Brisbane-based Klinge & Co. will continue to operate as a software engineering company focused on tire management systems, training and tools, Kal said.
“Even though our reputation is strong and recognized in many countries, it has been a challenge convincing customers of our credibility inside of Australia as our experience there has been limited,” said Dan Allan, senior vice president, Kal Tire's Mining Tire Group.
“With Klinge, Kal Tire aligns with a well-respected, trusted company known to the Australian mining industry and secures our presence as a national tire service provider.”