Following recent acquisition rumours, Zenises released the following statement:
“Zenises is not for sale at such a price. This amount is well below the valuation achieved in our last funding round and, whilst most people recognize us for our Z Tyre brand and now for ancillary battery and lubricants businesses, they perhaps don’t also realise that we are a tyre technology company. We have a full technology team based in Europe and Dubai working on revolutionizing distribution chains in the tyre industry as we grow our ‘World First’ flat rate subscription business. We have also rece...
“Zenises is not for sale at such a price. This amount is well below the valuation achieved in our last funding round and, whilst most people recognize us for our Z Tyre brand and now for ancillary battery and lubricants businesses, they perhaps don’t also realise that we are a tyre technology company. We have a full technology team based in Europe and Dubai working on revolutionizing distribution chains in the tyre industry as we grow our ‘World First’ flat rate subscription business. We have also rece...
