The acquisition of Polish-based Industra Ltd. marks another step in its global expansion plans, says the company.
Fennell Tyres International is known for its competitively priced, high-quality OTR, mining and TBR tire solutions.
Magna Tyres Group says it will maintain a full range of its products in strategic warehouses across the U.S. and will supply customers there with mining and earthmoving tires, port and material handling tires and solid tires.
OKA is an expert in industrial tires and provides superior services to establish a strong and long relationship with its clients in Egypt.
The company says this new location opens up an entirely new market for premium quality Magna Tyres products in the U.S. and Canada.
With an eye to the rapidly increasing demand for its brand and expected growth in 2019, Magna Tyres Group has plans for another expansion of its NL Hardenberg plant, which will be finalized in 2018.