Desser Tire recently acquired Watts Aviation

The management of Desser Tire has signed an agreement with the owners of Watts Aviation to purchase a controlling stake in the company. This company, as a reminder, is a leading distributor of the best manufacturers of aircraft tires in the European market.

The enterprise is geographically located in Gloucestershire. The cost of the purchase is not disclosed. However, considering that the company sells products from the world's largest brands, it can be said that the amount was certainly not insignificant.

Commenting on this acquisition, representatives of Desser Tire noted that by expanding its presence in the market through such an investment, the company has made a significant contribution to its secure and prosperous future. Moreover, the company has always been characterized by significant ambitions. And the desire to control the aircraft tire market is fully consistent with its development strategy.

Thanks to the merger of the two companies, according to a Desser Tire representative, the company has gained even more opportunities to improve the service of its existing customers and attract new ones. Especially since the main prerequisite for this - a larger geographic reach - is already available.