About Magna Tyres
Magna Tyres is a company based in Tilburg (Netherlands) founded in 2006. It operates as a B2B. Magna Tyres has completed 4 acquisitions, including Fennell Tyres International, OBO Bettermann Group and OBO Tyres. Magna Tyres offers products and services including OTR Tyres and Magna TPMS. Magna Tyres operates in a competitive market with competitors including Ascenso, Titan International, Alliance Tire Group, Fishfa Rubbers and MAXAM Tire, among others.
- Headquarter Tilburg, Netherlands
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Magna Tyres Group
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
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Investments & Acquisitions
Fennell Tyres International
& 3 more
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Products & Services of Magna Tyres
Magna Tyres offers a comprehensive portfolio of products and services, including OTR Tyres and Magna TPMS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tyres for off-the-road applications in mining and earthmoving.
Platform for tracking tyre performance in fleets worldwide.
Funding Insights of Magna Tyres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Magna Tyres
Magna Tyres has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fennell Tyres International, OBO Bettermann Group and OBO Tyres. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Vehicle tyre dealership services are provided for automotive needs.
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2005 | ||||
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Tires are manufactured and distributed by Tirepoint for automotive use.
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2004 | ||||
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Electricity transmission-based utility projects are developed and managed.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Magna Tyres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Magna Tyres Comparisons
Competitors of Magna Tyres
Magna Tyres operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ascenso, Titan International, Alliance Tire Group, Fishfa Rubbers and MAXAM Tire, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Tyres are manufactured for off-highway applications by Ascenso.
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Manufacturer and supplier of tires and wheels to OEMs and aftermarket
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| domain | founded_year | HQ Location |
Tyres for off-highway and commercial vehicles are manufactured globally.
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| domain | founded_year | HQ Location |
Produces reclaim rubber from waste tires and tubes for manufacturing industries.
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| domain | founded_year | HQ Location |
Manufactures and supplies high-quality tires to various industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Magna Tyres
Frequently Asked Questions about Magna Tyres
When was Magna Tyres founded?
Magna Tyres was founded in 2006.
Where is Magna Tyres located?
Magna Tyres is headquartered in Tilburg, Netherlands. It is registered at Tilburg, Noord-brabant, Netherlands.
What does Magna Tyres do?
Magna Tyres, a family-owned company based in Waalwijk, Netherlands, produces high-quality OTR and industrial tyres for sectors including mining, construction, and agriculture. They offer an extensive range of products with affordable pricing and innovative technology like Magna TPMS for fleet monitoring. Active in over 130 countries, they provide reliable solutions through distributors and direct services, focusing on performance and customer needs.
Who are the top competitors of Magna Tyres?
Magna Tyres's top competitors include Ascenso, Titan International and Alliance Tire Group.
What products or services does Magna Tyres offer?
Magna Tyres offers OTR Tyres and Magna TPMS.
How many acquisitions has Magna Tyres made?
Magna Tyres has made 4 acquisitions, including Fennell Tyres International, OBO Bettermann Group, and OBO Tyres.
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