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