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Peled: M&As a big deal for tire industry

Hanover, Germany – Merger & acquisition (M&A) activity has had a significant impact on the development of the tire manufacturing industry, particularly as the deals involved have accelerated the flow of information and technology in the sector, according to Jacob Peled, executive chairman of Israel-based Pelmar Engineering.

“The influence of M&A activity is very strong on the industry, much stronger than people understand,” Peled set out in a presentation at the TTE conference in Hanover on 15 Feb.

The nature of M&A has changed from previous years, when…

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