Waalwijk, The Netherlands, June 8, 2026 — Magna Tyres Group announces a strategic partnership with Forrez, the renowned Belgium-based tyre specialist and mobility service provider. Through this partnership, Magna Tyres Group becomes a majority shareholder in Forrez alongside the Forrez-Mertens family, who remain actively involved in the company. This milestone further strengthens Magna Tyres Group’s position in the European market and reflects both parties’ shared ambition to grow together.
Over the past years, Magna Tyres Group has evolved from an ambitious tyre manufacturer into a rapidly expanding international organisation with a growing portfolio of companies, service divisions and distribution networks across Europe, Africa, Asia, Australia and the USA. Through continuous investment in innovation, service capabilities and strategic acquisitions, the group has significantly strengthened its global market position.
The partnership with Forrez marks another important step in Magna Tyres Group’s international growth journey, which has seen the group build a strong portfolio of six strategic partnerships in just a few years, underlining the company’s ambitious growth strategy and commitment to building a truly global tyre solutions platform.
Today, Magna Tyres Group consists of a broad range of specialised companies and brands, including:
This partnership further enhances Magna Tyres Group’s long-term ambition to expand its service capabilities and strengthen its position as a full-service tyre solutions provider, while enabling Forrez to grow with the support of an international group.
Founded in Belgium, Forrez has built a strong reputation over decades as a trusted partner in tyre services, fleet solutions, industrial tyres and vehicle maintenance. The company is recognised for its technical expertise, strong customer relationships and high service standards across transport, industrial, agricultural and automotive sectors in Belgium. The company is a well-established supplier of truck, industrial and agricultural tyres in the Benelux and France. Furthermore, it operates a specialised agricultural wheel production facility, delivering complete wheel solutions to OEMs and replacement market customers.
The partnership between Magna Tyres Group and Forrez creates strong operational and commercial synergies by combining international scale and purchasing power with local market expertise and customer proximity.
Together, the combined group is expected to generate an estimated annual turnover of €275 million in 2026, providing a strong foundation for the next phase of growth. This partnership is fully aligned with Magna Tyres Group’s long-term strategic roadmap, which targets the creation of a €650 million global tyre solutions group by 2029 through a combination of organic growth, international expansion and strategic partnerships.
“The growth of Magna Tyres Group over the past years has been driven by a clear long-term vision: building a strong international organisation with local expertise at its core. Forrez is an excellent fit within our group, and we are particularly pleased to be partnering with the Forrez-Mertens family, who will remain actively involved in the business. Their reputation, technical knowledge and customer-focused culture align perfectly with our strategy and values. Together, we will continue strengthening our position in Europe while further improving the service and support we provide to our customers worldwide. We remain focused on creating long-term value for our customers, employees, partners and shareholders.”
“This partnership marks an exciting new chapter for Forrez. We are proud of the company we have built over the years and the strong relationships we have developed with our customers and partners. As a family, we remain fully committed to Forrez and its future. Partnering with Magna Tyres Group gives us access to an international network, additional expertise and new growth opportunities, while preserving the entrepreneurial spirit, the family values and the service quality that have always defined our organisation.”
Forrez will continue operating under its established name and management structure, with the Forrez-Mertens family remaining actively involved as co-shareholders. This ensures full continuity for customers and partners. Magna Tyres Group intends to support the company with additional investments in operational development, product availability and future expansion opportunities.
Magna Tyres Group is a global tyre solutions provider specialising in Off-The-Road (OTR), industrial, agricultural and truck tyres. With operations in over 130 countries, Magna Tyres combines European engineering, robust supply capabilities and dedicated local service.
Magna Tyres Group is recognised for its focus on quality, reliability and customer-driven solutions. The group combines tyre manufacturing, distribution, fleet services, TPMS solutions and tyre-related services under one international organisation focused on quality, reliability and customer-driven innovation. Following the partnership with Forrez, Magna Tyres Group is expected to achieve an estimated annual turnover of €275 million in 2026 and is executing a strategic growth plan aimed at reaching €650 million in annual revenue by 2029.
More information: www.magnatyres.com
Forrez is a Belgium-based tyre and mobility specialist with a long-standing history in tyre distribution, fleet services, industrial tyre solutions and vehicle maintenance. The company is known for its strong customer relationships, technical expertise and high service standards across multiple market segments.
More information: www.forrez.com
