Business Services & Wholesale /
Nordic Tyre Group

2020 turnover

EUR 90M

No. of employees

~54

Acquisition date

July 2019

Fund

Fund IV

Nordic Tyre Group is the leading independent tire distributor across the Nordic and Baltic markets.
The Group was established in 2019 as a partnership between Altor and founders of Gummigrossen (market leader Sweden) and RengasDuo (market leader Finland).
Leading positions in Norway and Baltics achieved through M&A

Why we believe in Nordic Tyre Group

  • Clear runway for continued organic growth in Sweden and Finland on the back of a growing tire market
  • Attractive role in the value chain, as the logistics and infrastructure partner of choice for tire- and car retailers with high customer advocacy
  • Strong starting point for consolidation of the fragmented Nordic and Baltic tire distribution markets

Team

Mats-Ove Eriksson

CEO

Investment Advisory Team

Pål Stampe

Stian Tuv

Cornelia Jebsen Anker