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OTR Tyres and Kal Tire join forces to create the first Global Earthmover Tyre Service company

OTR Tyres and Kal Tire of Canada have today announced that they are
joining forces to create the first Global Earthmover Tyre Service company.

OTR Group MD, Chris Skelton, said: "OTR are very pleased to announce that
Kal Tire – the world’s largest earthmover tyre dealer – have made a majority
equity investment in the OTR Tyres Group. This investment represents the
most significant global transaction in the earthmover tyre service industry, as it
sees the creation of the first truly global earthmover tyre service company.

The deal is the culmination of lengthy discussions between OTR and Kal Tire
where the focus has been on how both companies can work together to
provide a better service offering to our customers on a global basis.

Customers operate across continents and expect world class standards in
service and health and safety wherever they are operating. Tyre suppliers
have a global product offering, but it is not possible to get a global service
offering to go alongside this, until now.

We have now taken a significant step towards being able to achieve this. If a
customer has a mine in South America, Africa and Australia it will be possible
to have the same standards of health and safety, tyre service, training, tyre
monitoring and reporting across all mine sites – thus making the attainment of
global best practices more achievable."

OTR Tyres are one of the world’s leading earthmover tyre specialists with
state of the art retread manufacturing facilities in the UK and Africa.
Renowned globally for their commitment to health, safety and training OTR
continue to lead the way with the development of earthmover tyre products
and services.

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