Magna Tyres Group and Forrez have joined forces through a strategic partnership that enables both companies to further strengthen their market positions. The transaction brings together two complementary players with deep expertise in tyre manufacturing and tyre services for industrial applications, respectively.
Through this partnership, Magna Tyres Group combines its international position as a developer and supplier of tyres for off-the-road, industrial and port applications with Forrez’s strong service and maintenance capabilities. The combination creates an integrated platform capable of offering customers a broader range of products and services while supporting the continued international growth of both businesses.
VDP acted as exclusive advisor to the shareholders of Forrez.
