Nordic Tyre Group
When rubber meets the road
Sectors
Business ServicesWebsite
www.nordictyregroup.comNordic Tyre Group is the leading independent tyre distributor across the Nordic and Baltic markets. The Group was established in 2019 as a partnership between Altor and founders of Gummigrossen (the market leader in Sweden) and RengasDuo (the market leader in Finland). Since then, the Group has expanded to- and taken leading positions in Norway and the Baltics through acquisition of majority stakes in Starco, Gummi-Centralen, Dekkteam, Dekk1 and Latakko (alongside previous owners).
Why we believe in Nordic Tyre Group
- Cyclical-resilient market with structural underlying growth, accelerated by increased penetration of electrical vehicles
- Independent distributors an integral part of the value chain, driven by continued product proliferation
- Nordic Tyre Group with best-in-class operating model (proven through superior margins) well positioned to continue capture market shares and drive consolidation of a fragmented Nordic and Baltic tyre distribution market
About Nordic Tyre Group
2023 turnover (CY)
EUR > 300M
Employees
< 500
Investment date
Jul 2019
Fund
Fund IV
Team
Patrick Bergander | CEO