Nordic Tyre Group
Nordic Tyre Group is the largest independent tyre wholesaler in the Nordics and Baltics, distributing tyres to 5,000+ B2B dealers across six countries (Sweden, Finland, Norway, Latvia, Lithuania, Estonia) via owned national brands, with a 2026 expansion into Romania.
- Company typePrivate
- Founded2019
- HeadquartersStockholm, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Nordic Tyre Group does
Nordic Tyre Group is the largest independent tyre wholesaler in the Nordics and Baltics, distributing tyres to professional B2B customers across six national markets: Sweden, Finland, Norway, Latvia, Lithuania, and Estonia. The group was founded in 2019 through the merger of Gummigrossen and RengasDuo, and has since expanded its footprint through a series of regional wholesale acquisitions, bringing long-established national brands (including Gummigrossen, Starco, and other regional entities) under a single holding structure. It employs approximately 500 people and serves more than 5,000 B2B tyre dealers and workshops with a portfolio of consumer, commercial, and specialty tyres.
The company's core capability is physical and operational: pan-Nordic/Baltic warehousing, inbound freight from tyre manufacturers, and last-mile delivery to thousands of small and mid-sized tyre dealers. Its "Tyre Wholesale Intelligence" platform adds predictive supply-chain and demand-planning technology onto this physical base, targeting better inventory turn, availability, and assortment decisions across markets. The 2026 acquisition of Dinamic92 (a Romanian tyre wholesaler distributing ~700,000 tyres annually to 5,000+ B2B customers) extends the same template into Continental Europe.
The economic model is straightforward wholesale distribution: Nordic Tyre Group purchases tyres from major manufacturers, holds them in regional warehouses, and resells at markup to professional dealers, with revenue driven by unit volume, mix, and freight/working-capital efficiency. Pricing is transaction-based per tyre delivered, and the customer base is deliberately horizontal and fragmented (5,000+ SMB dealers) to limit single-customer concentration risk. The business is currently backed by Nordic private equity firm Axcel following a 2025 take-private, positioning the group for further consolidation-led growth.
Nordic Tyre Group firmographics
Firmographics- Name
- Nordic Tyre Group
- Legal name
- Nordic Tyre Group AB
- Website
- https://nordictyregroup.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Nordic Tyre Group is the largest independent tyre wholesaler in the Nordics and Baltics, distributing tyres to 5,000+ B2B dealers across six countries (Sweden, Finland, Norway, Latvia, Lithuania, Estonia) via owned national brands, with a 2026 expansion into Romania.
- Ownership category
- akta.pro rank
Nordic Tyre Group industry classification
Industry- Product category
- Tyre Wholesale Distribution
- NAICS
- Tire and Tube Merchant Wholesalers (42313), Tire and Tube Merchant Wholesalers (423130)
- SIC
- Wholesale-Motor Vehicle Supplies & New Parts (5013)
- akta.pro primary industry
- Tire Distribution & Wholesale (Regional/Local Supply) (TLAKADAH)
Keywords
Where Nordic Tyre Group is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
Nordic Tyre Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Tyre Wholesale Distribution: Wholesale distribution of tyres across multiple vehicle segments including cars, trucks, construction machinery, and agricultural equipment to B2B dealer customers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Nordic Tyre Group product offering
Product offeringCore offering
Nordic Tyre Group is an independent B2B tyre wholesaler operating as the largest tyre distributor in the Nordics and Baltics. The company supplies car, truck, construction vehicle, and agricultural equipment tyres to tyre dealers and automotive service providers across six markets through a portfolio of national wholesale brands (Gummigrossen, RengasDuo, Starco, DekkTeam, Latakko) and applies predictive supply chain technology branded "Tyre Wholesale Intelligence" to ensure in-stock availability.
Product overview
Nordic Tyre Group is a tyre wholesale and distribution platform operating as the largest tyre wholesaler in the Nordics and Baltics. The company offers a wide range of tyres across vehicle types including cars, trucks, construction machinery, and agricultural equipment. The group operates under the 'Tyre Wholesale Intelligence' approach, combining customer relationships, industry expertise, and supply chain technology. Nordic Tyre Group consists of multiple well-known national tyre wholesale brands including Gummigrossen (Sweden), RengasDuo (Finland), Starco (Norway), DekkTeam AS (Norway), and Latakko (Baltic States). The company was founded in 2019 through the merger of Gummigrossen and RengasDuo, and has since expanded across six markets through acquisitions.
Differentiator
Problem solved
Functional benefit
Brands
- Gummigrossen: Swedish tyre wholesale brand operating under Nordic Tyre Group
- RengasDuo
- Starco
- DekkTeam
- Latakko
Products and services
- Tyre Wholesale Intelligence Wholesale tyre distribution service using predictive supply chain technology to maintain stock availability across product lines for B2B dealer customers.
- Car Tyres Wholesale Wholesale distribution of passenger car tyres to dealers and automotive service providers.
- Truck Tyres Wholesale Wholesale distribution of truck and cargo vehicle tyres to B2B dealer customers.
- Construction and Agricultural Tyres Wholesale Wholesale distribution of tyres for construction machinery, agricultural transport, industrial vehicles, and motorcycles to B2B dealer customers.
Companies that use Nordic Tyre Group
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Nordic Tyre Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Nordic Tyre Group partnerships and signals
Strategic signalScale indicators6 records
Recent moves8 records
Expansion highlights5 records
Nordic Tyre Group competitors and assessment
Company assessmentBroad incumbents
- Euromaster:
- Continental AG: Continental is a global tyre manufacturer that also operates its own wholesale and retail distribution networks (including Vianor in the Nordics). It is comparable to NTG as a large-scale tyre distributor competing for dealer relationships in the same Nordic/Baltic region, though Continental is also a manufacturer.
- Michelin: Michelin is the world's largest tyre manufacturer and operates Euromaster as its distribution network. It competes with NTG via Euromaster and through direct dealer programs that could disintermediate NTG's wholesale layer.
- First Stop:
Direct peers
- Point S: Point S is an international tyre retail and wholesale cooperative serving independent dealers across Europe. It is directly comparable to NTG as a multi-country tyre distribution platform targeting B2B dealer customers with a multi-brand network structure similar to NTG's house of brands approach.
- Däckia: Däckia is a Swedish tyre retail and service chain (owned by the Nordström family, formerly bridgestone-partnered). It directly competes with NTG's Gummigrossen and Starco brands in the Swedish B2B and B2C tyre market.
- Vianor: Vianor is Continental's Nordic and European tyre retail/wholesale chain, directly competing with NTG's Gummigrossen, Starco, and RengasDuo brands in Sweden, Finland, Norway, and the Baltics. It is the most direct incumbent competitor in NTG's home markets.
Others
- Sumitomo Rubber Industries (Dunlop/Falken): Sumitomo Rubber Industries manufactures Dunlop and Falken tyres and operates distribution channels in Europe. It is comparable to NTG as a manufacturer-distributor combination that NTG both sources from and competes against for dealer relationships.
- Hankook Tire: Hankook is a global tyre manufacturer that sells through wholesale channels to dealers in Europe, including NTG's customer base. While not a direct distributor, Hankook represents both a key supplier relationship for NTG and a competitor via manufacturer-direct programs.
Emerging players
- TBC Corporation: TBC Corporation is one of North America's largest tyre distributors, operating under brands like Big O Tires and Midas. While geographically distinct, it represents a comparable multi-brand tyre wholesale/distribution platform model that NTG could emulate or partner with as it expands across Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Nordic Tyre Group social profiles
Digital presenceNordic Tyre Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nordic Tyre Group leadership team
Management profileNumber of profiles
Profiles4 records
Nordic Tyre Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
Nordic Tyre Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nordic Tyre Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nordic Tyre Group
What does Nordic Tyre Group do?
Nordic Tyre Group is an independent B2B tyre wholesaler operating as the largest tyre distributor in the Nordics and Baltics. The company supplies car, truck, construction vehicle, and agricultural equipment tyres to tyre dealers and automotive service providers across six markets through a portfolio of national wholesale brands (Gummigrossen, RengasDuo, Starco, DekkTeam, Latakko) and applies predictive supply chain technology branded "Tyre Wholesale Intelligence" to ensure in-stock availability.
Is Nordic Tyre Group a public or private company?
Nordic Tyre Group is a private company. It is classified as private equity controlled and is currently operating.
When was Nordic Tyre Group founded?
Nordic Tyre Group was founded in 2019. It employs 1 to 10 people.
Where is Nordic Tyre Group based?
Nordic Tyre Group is headquartered in Stockholm, Sweden, in the Europe region.
How does Nordic Tyre Group make money?
One revenue line is on record: tyre Wholesale Distribution.
Who are Nordic Tyre Group's main competitors?
Broad incumbents on record are Euromaster, Continental AG, Michelin and First Stop. Direct peers are Point S, Däckia and Vianor. Others are Sumitomo Rubber Industries (Dunlop/Falken) and Hankook Tire. TBC Corporation is listed as an emerging player.
Does Nordic Tyre Group have an API?
No public API is recorded for Nordic Tyre Group.
What industry is Nordic Tyre Group in?
Nordic Tyre Group's product category is Tyre Wholesale Distribution. Its primary akta.pro industry code is TLAKADAH, Tire Distribution & Wholesale (Regional/Local Supply). Its NAICS code is 42313 and its SIC code is 5013.