Mining equipment and services group ADG Global Supply has been appointed as the exclusive selling agent for Torch off-road tyres in Africa.
ADG said the new Torch range would complement the Dutch-made Magna tyres which the company has been supplying in the Asia-Pacific region since 2010.
ADG managing director John Mancini said the agreement comes at a time when the off-road tyre market was suffering from a supply shortage.
“We have been involved in the tyre market across a number of brands and our tyre specialists have spent a number of years looking at emerging tyre brands to offer our clients a good range of reliable tyres,” Mr Mancini said in a statement.
ADG said it expected the off-road tyre market to bounce back to the high-volume sales levels experienced in 2008 in 2013.
At close of trade today ADG stocks were down just under 2 per cent, trading at 5.1 cents.
