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MEDIA ANNOUNCEMENT

6 April 2022

OTR Tyres acquires OTR Australia operations to build an Australia-wide business

We are proud to announce that OTR International’s operations in Australia, trading as OTR Australia, will be coming together under the OTR Tyres brand.

The combined group will incorporate both companies’ talent, infrastructure, and intellectual property, and enable us to achieve our vision to be the leading Australia-wide, Australian-owned, diversified provider of wheel, tyre and axle solutions.

OTR Australia has an extensive history providing tyre, wheel and axle solutions to the mining, construction and agriculture industries across Australia’s east and west coast. OTR adds to our depth here and brings Australian servicing to the business in Brisbane and Mildura together with additional locations in Emerald and the Hunter Valley.

Headquartered in Perth, OTR Tyres has a strategic presence in major mining hubs in Western Australia, with supply depots in Kalgoorlie, Karratha and Port Hedland.

The joining of OTR and OTR will solidify our manufacturing relationships globally for both wheels and tyres. The tyre services industry has recently seen a lot of consolidation, and this acquisition only strengthens our position in the market.

Please be assured that the change will be virtually seamless and your business interactions between OTR Tyres and OTR Australia will continue as usual, with current points of contact remaining the same. There will be minor administrative changes which will be communicated on an individual level, specific to each vendor and customers requirements.

We would like to personally thank both OTR and OTR vendors and loyal customers for the significant role you have played in our combined companies’ success. For a business to thrive it need great service and supply and it is only as good as the people it serves, we certainly could not have reached this point today without your partnership. We look forward to continuing this new phase of OTR and OTR Australia with you in 2022 and beyond.

Kind regards

Darryl Bentley – Director – OTR Tyres Director

Rob Williams – OTR Tyres Director

Mick Stupar – OTR Tyres

Adam Oakenful – CEO OTR Australia Pty Ltd