FBM Corporate Finance advised Kargro Group on the transfer of its tire retreading plants to Roline B.V. This transaction provides Roline with a strong foundation to further expand its tire retreading operations, while allowing Kargro Group to focus even more strongly on its core activities in the circular processing of tires.
The transfer is in line with the strategic development of both companies. For Roline, the transaction offers economies of scale and new commercial opportunities. As a collector of tire casings, Kargro Group remains closely connected to the tire retreading chain and continues to focus on maximizing the value of used tires.
FBM Corporate Finance advised Kargro Group throughout the transaction process and guided the shareholders through this strategic move.
We would like to thank Kargro Group for their trust and all parties involved for their pleasant cooperation. We wish Roline every success in the further development of its tire retreading operations.