Nokian Heavy Tyres acquires Finnish heavy equipment wheel company Levypyörä Oy

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Nokian Heavy Tyres has acquired Finnish heavy equipment wheel company Levypyörä Oy, which has an annual net sales of approximately 18m (US$20.1m). With its two business lines – wheels and steel structures – Levypyörä serves several original equipment manufacturers and aftermarket customers in forestry, agriculture and earthmoving applications.

“With the acquisition, Nokian Heavy Tyres can offer innovative new solutions to its existing customers, increase wheel volume, as well as improve its service. Levypyörä has been a trusted partner of ours for many years. The acquisition provides additional growth opportunities and offers a full-service solution for our key OE and aftermarket customers,” said Manu Salmi, MD, Nokian Heavy Tyres.

“Being a part of a leading specialty tire manufacturer is a great opportunity to grow, develop Levypyörä’s products and services globally, and strengthen our current customer and supplier relationships,” commented Lars Ojansuu, MD, Levypyörä.

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Rachel's career in journalism began around five years ago when she started working for UKi Media & Events, having recently graduated from Coventry University where she studied the subject. Her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the ground-breaking technologies and innovations that are shaping the future of the automotive and tire industries.

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