As the first step towards building the distribution network in Europe, MTPL has acquired the majority stake in European Agriculture Tyre Distributors GmbH (EATD). EATD is headquartered in Wallenhorst, Germany, and distributes our wide range of products in Germany, Austria, Switzerland, Benelux, Poland, Slovakia, Hungary, and the Czech Republic.
Mahansaria Tyres Private Limited also acquired a majority stake in Tyres International Inc, based in Ohio (USA), in June 2021. Tyres international is a 50-year-old company in the distribution of Truck, Agricultural, Industrial & Construction Tyres with two warehouses based in Ohio and Nevada. The current business is managed by Mr. Marty Bezbatchenko and his son Mike Bezbatchenko. The company is responsible for distributing Ascenso tyres in North America.
Tyres International distributes MTPL’s ASCENSO brand of Agriculture, Industrial & Construction, and Earthmover tires in the United States whilst continuing to act as a distributor for Westlake commercial truck tires and Sunrise commercial truck wheels. Through this investment, the companies aim to continue the development of TI as a leading wholesale tire distributor in the United States of America.
Tyres International: https://www.tyresinternational.com/about-us/