Hankook to expand its distribution network by acquiring German retailer Reifen-Mueller

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Hankook is to acquire independent tire wholesaler and retailer Reifen-Mueller based in Germany.

In addition to Reifen-Mueller’s sales distribution affiliate company, Reifen-Mueller KG, the acquisition will also include the retreading business Reifen-Mueller GmbH & Co. Runderneuerungswerk KG.

Both the current owners as well as the managers of Reifen-Mueller will continue as managers of the group.

Reifen-Mueller was founded in 1966 and has 44 service centers in Germany selling a wide range of tires, from passenger car and light truck to heavy truck and bus tire segments, as well as motorcycle and agricultural tires.

Hankook says that the strategic move will strengthen its distribution network across Germany, giving it better access to channels across Europe.

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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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