Montreal, Quebec — Trelleborg Wheel Systems has acquired Pneus ICM Inc, a Montreal-based industrial tire distributor and service provider.
Pneus ICM is the second largest industrial tire dealer in the Montreal area and a main service provider for eastern Canada, Trelleborg said.
The acquisition represents a new market area for Trelleborg.
“A local presence and global reach are key drivers in our business strategy,” according to Paolo Pompei, president of Trelleborg Wheel Systems.
The acquisition, he added, provides TWS “an excellent opportunity” to increase its sales in the materials…