Nokian buys two tyre wholesale companies in the US

Nokia, Finland — Nokian Tyres has purchased University Wholesalers Inc and University Wholesalers of New York in North America. The company said the two acquisitions are designed to strengthen its wholesales and logistics in the strategically important North American winter tyre markets. The purchase agreement was signed 28th of September, 2005. The seller was Mr. Bob Hepp and the management of the companies.

In a statement, Nokian said, “University Wholesalers operate as tyre wholesalers in the USA and they have had an important role as distributors…

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