Post by Michaël Vandelaer

CEO HBI Tyres & Wheels

I am pleased to share that my search has come to a successful close: I’m joining HBI Tyres & Wheels as CEO and shareholder. This acquisition is supported by WAD Capital, C for growth, and ABN AMRO Bank N.V. A special thank you to WAD Capital and Alain Brossé for the support throughout the search journey and for believing in this vision. I’m grateful to all three partners for making this possible. HBI is a family business with roots dating back to 1917, operating from a 12,000 m² facility in Tholen, the Netherlands. The company is fully vertically integrated, from R&D and design to manufacturing and assembly, serving the agricultural, earthmoving, and industrial machinery sectors worldwide. HBI produces tyres and wheels under two strong brands: Bandenmarkt (retread tyres, contributing to circularity since 1981) and Delcora (new tyres). The company supplies many major Tier-1 OEM customers in Europe and beyond. A sincere thank you to Leendert van 't Hof for what he has built over the years and for the trust he has placed in me by handing over the keys to the company. Leendert will remain involved as an active board member and minority shareholder. In the coming period, we’ll work closely together to build on HBI’s strong foundation and drive the next phase of growth. Looking forward to the journey ahead. 🚀