Hankook Tire takes over Reifen-Müller
Hankook Tire, a South Korean tyre manufacturer, has taken over Reifen-Müller, a leading independent tyre distributor in Germany.
Reifen-Müller has 44 branches across Germany and employs 700 people. The company's management will remain unaffected by the takeover.
In 2017, Hankook Tire had a turnover of €5.2 billion, making it a top ten player on the tyre market.
Image source: Reifen-Müller