Rovereto, Italy – Marangoni Group has acquired Recamax Reifen GmbH, a Bergkamen, Germany-based distributor of earthmoving retreads, Marangoni announced 14 Oct. Terms of the deal were not disclosed.
The deal strengthened Marangoni’s presence within German-speaking countries and regions of this market segment. This adds to its existing operations through the company Wenzel Industrie, acquired in 2009.
Marangoni has operated a partnership with Recamax for 25 years, and has recently been working to strengthen its presence in Germany – one of the most important markets in Europe.
The acquisition demonstrate to customers “the potential for savings offered by our products in the highly specialist segment of earthmoving and industrial retreads,” said Luca Mai, earthmoving sales director at Marangoni SpA.
“The presence of Recamax as