Goodyear Tire & Rubber Co. to Acquire German-Based Ventech Systems

The Goodyear Tire & Rubber Co. today announced that it will acquire German-based Ventech Systems GmbH from Grenzebach Maschinenbau GmbH.

Founded in 2006, Ventech Systems offers a fully automated tire-inspection system designed to check tire pressure, tread depth and vehicle weight for cars, buses and trucks.

The transaction, which is expected to close in the fourth quarter, will increase Goodyear Proactive Solutions' offerings by allowing fleet operators to proactively measure their vehicles' tire pressure, tread depth and vehicle weight.

"Over the past three years, our Goodyear Proactive Solutions business has collaborated with Ventech Systems to integrate its data gathering and analysis capabilities into our fleet management solution," said Christopher Helsel, Goodyear vice president and chief technology officer, in a news release. "Feedback from our fleet customers has been excellent, and we view this as an important opportunity to enhance our service and value proposition for customers."

Goodyear launched its Proactive Solutions business last year in Europe, Middle East and Africa to help fleet owners optimize vehicle safety, reduce fuel consumption and decrease their carbon footprint.