The Kings Road Tyres Group (KRTG) has returned to private ownership after reaching agreement to conclude its contractual arrangements with the Sailun Jinyu Group.
Kings Road Tyres Group Reverts to Private Ownership
Sailun acquired KRTG in 2014 and worked closely with the group’s UK management to invest in and restructure its wholesale distribution business. Following the conclusion of that major project, a policy change in Sailun’s distribution strategy for the UK resulted in the amicable decision to allow KRTG to return to independent ownership and operation.
“Working with Sailun Jin...
Kings Road Tyres Group Reverts to Private Ownership
Sailun acquired KRTG in 2014 and worked closely with the group’s UK management to invest in and restructure its wholesale distribution business. Following the conclusion of that major project, a policy change in Sailun’s distribution strategy for the UK resulted in the amicable decision to allow KRTG to return to independent ownership and operation.
“Working with Sailun Jin...
