Tech Buys Salvadori
Technical Rubber Company, Inc. (TRC) a world-leading manufacturer and distributor of tyre repair, wheel service, and industrial rubber products has acquired Salvadori S.r.l., of Rovereto, Italy.
Salvadori S.r.l., a tyre and retread supplier and industrial rubber repair products provider is also on the forefront of producing recycling equipment used for the conversion of scrap tyres and plastic to usable products.
TRC’s C.E.O. Dan Layne commented, “We think Salvadori S.r.l. is perfectly aligned with our “4r Future” vision of driving growth in Repair, Reuse, Recycle, and Repurpose. This acquisition augments our tyre repair and wheel service product range and facilitates our entry into the tyre recycling industry. We expect the businesses will continue to thrive and deliver solutions for our collective customer bases, and provide additional growth opportunities for our team.”
Juri Salvadori told Tyre and Rubber Recycling at Ecomondo that he expected that this new era in the company history would see the company expand its markets globally. “This will help us reach new markets and our recycling expertise will benefit tech as the Group grows around the world and the recycling sector becomes increasiongly important in every market.”