Video Exclusives


Inside Arctic Falls' Indoor Flex facility

Sentury

Raw footage taken in the new test hall at the Swedish proving ground, scheduled to open later this month

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Michelin launches recycling campaign

Sentury

The French tire maker has unveiled its ambitious future recycling strategy to ensure that by 2048, all of its tires are manufactured using 80% sustainable materials, and 100% of all end-of-life tires are recycled.

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A glimpse at Nokian's new test facility

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A rendering of the tire maker's new technology center in Spain shows what the facility will look like when it is complete in 2019. Find out more in the March 2018 issue (p60) of TTI

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In what year did Bridgestone officially launch its first run-flat tire?

News

Equistone sells tire-making machine manufacturer Karl Eugen Fischer

Funds managed by Equistone Partners Europe, a mid-market private equity investor, have agreed to sell a majority stake in Karl Eugen Fischer, a manufacturer of cord-cutting machines for the tire industry. Equistone acquired Karl Eugen Fischer in August 2013 and is now selling its stake to DBAG Fund VII, managed by Deutsche Beteiligungs. Management will retain a shareholding in the company.

Karl Eugen Fischer began developing cutting and pressing machines in 1949 and has produced cord-cutting machines for the tire industry since the mid-1970s. Tire manufacturers use Karl Eugen Fischer’s cutting machines predominantly to produce tire plies and breakers, components that give the tire shape and driving stability.

Dr Marc Arens, partner at Equistone, said, "Karl Eugen Fischer’s strong position in the cutting systems market has been key to its expansion. Since Equistone’s investment in 2013, the functionality of the machinery has improved and there has been a steady increase in its level of automation. The company has also successfully extended its servicing business and broadened its customer base with internationally renowned companies.

"With a growth strategy focused on sustainability and stability, Karl Eugen Fischer’s excellent reputation as a premium manufacturer of cutting systems has continued to grow. It represents the gold standard in this machinery segment. We are confident that Deutsche Beteiligungs is the right partner for Karl Eugen Fischer to ensure its continued success going forward.”

June 13, 2018

Written by Rachel Evans


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