TYM International ceases trading, RH Claydon takes over Triangle OTR and truck tyre distribution

摘要

Tym International will cease trading from 30 October 2020, effectively winding up the tyre import and wholesale business specialising in Far Eastern-produced and OTR tyres. Writing in a letter dated 8 September, managing director Steve Eke explained "the decision to cease has been forced upon the company by others that control the majority of the shares in the business." Tyres & Accessories understands that the combination of recent business pressures caused by EU anti-dumping truck tyre tariffs and then coronavirus caused major shareholders to withdraw their investment.