About Tructyre
Tructyre is a company based in Gateshead (United Kingdom) founded in 1996 was acquired by Michelin in January 2018.. Tructyre has completed 1 acquisition, including Commercial Tyres. Tructyre operates in a competitive market with competitors including Bond International, Coventry Tyres, Faversham Tyres, GT Autos and Holbeach Motorcycle Tyres, among others.
- Headquarter Gateshead, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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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 Tructyre Fleet Management Limited
- Date of Incorporation 23 May, 2000
- Jurisdiction GATESHEAD, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Michelin
(Jan 03, 2018)
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Funding Insights of Tructyre
| 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 |
Investors in Tructyre
Tructyre has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Michelin. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Composites, tires, and components are manufactured for diverse industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tructyre
Tructyre has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Commercial 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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Provider of automobile parts & accessories
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2013 |
| 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 - Tructyre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Tructyre Comparisons
Competitors of Tructyre
Tructyre 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 Bond International, Coventry Tyres, Faversham Tyres, GT Autos and Holbeach Motorcycle Tyres, 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 |
Bond International supplies high-quality tyres wholesale to the UK trade.
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| domain | founded_year | HQ Location |
Offers tyre sales, repairs, and vehicle maintenance services in Coventry.
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| domain | founded_year | HQ Location |
Offers a wide selection of affordable car tyres in Faversham.
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| domain | founded_year | HQ Location |
Delivers a wide range of automotive services, including MOT tests, tyre sales, and repairs in Dundee, UK.
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| domain | founded_year | HQ Location |
Sells motorcycle tyres, accessories, and provides fitting services for consumers.
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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 Tructyre
Frequently Asked Questions about Tructyre
When was Tructyre founded?
Tructyre was founded in 1996.
Where is Tructyre located?
Tructyre is headquartered in Gateshead, United Kingdom. It is registered at Gateshead, England, United Kingdom.
What does Tructyre do?
Tructyre was founded in 1996 and is based in Gateshead, United Kingdom. Operations are centered on online tyre maintenance services within the automotive sector. Services include tyre inspections, repairs, and related advice, accessible via the domain tructyre.co.uk. The company serves customers across the UK, with a focus on efficient digital delivery of maintenance solutions for commercial and personal vehicles.
Who are the top competitors of Tructyre?
Tructyre's top competitors include Bond International, Coventry Tyres and Faversham Tyres.
How many acquisitions has Tructyre made?
Tructyre has made 1 acquisition, including Commercial Tyres.
Who are Tructyre's investors?
Tructyre has 1 investor. Key investors include Michelin.