HERENTHOUT, Belgium (July 6, 2016) — Off-road tire specialist Camso Ltd. has acquired Eurowheel B.V.B.A., a supplier of tire presses and small runs of wheels.
The move strengthens Camso's service offering in Europe and increases its wheel manufacturing capacity.
Herenthout-based Eurowheel produces wheels, presses and tools for European distributors as well as OEMs across Europe, Camso said.
Financial terms of the deal were not disclosed.
“This acquisition will allow Camso to produce a greater volume and a wider range of wheels for resilient and press-on tires,” said 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.”