IM 2018 January 18 | Page 76

HIGH PROFILE Mining tyre traction Kal Tire’s Mining Tire Group has been hot on the acquisition trail in the last three years. Paul Moore caught up with Dan Allan, Senior VP, to get some insights the ability to offer customers a range of tyre options. In Australia, we had been there since 2008 but with localised business in the western part of the country, and aspired to become a national tyre management service provider in mining. This was hard in a country where it takes a long time to build up market recognition, which we did not have for the Kal Tire brand at the time – some people even thought the Kal meant we were based in Kalgoorlie…plus there was confusion in our use of the American tire spelling. It was also a vicious circle, as potential mining customers wanted examples of our work in Australia not elsewhere. The Klinge opportunity came up in In Australia, Kal Tire is successfully building its brand recognition nationwide having kept all the Klinge contracts as well as creating new business 2016. In fact Tom Foord and Tom Klinge had known each other for years, having met at tyre related conferences such as the TIA OTR event and had always mentioned that the two companies aligned well. So when the opportunity arose to bring the two companies together, it made perfect sense. Klinge retained its core tyre management software business, Total Tyre Control but were happy to divest their national service capability to us, so it was a win win. Finally, in South Africa, Tyre Corp was a tough competitor, no doubt about it, we lost several deals to them. Plus the market in South Africa has been challenging for us and others, with the mining downturn combined with the impacts of the Mining Charter, socio-economic issues and the BBBEE transition at many companies. We needed a stronger business in South Africa to establish a firm base to allow us to expand into other key mining countries in the region like Mozambique. This acquisition is enabling Kal Tire to entrench itself with some substance in the South African market, including the underground mines, and really enhances the growth we have had in places like Tanzania and Botswana. Q How have things panned out in each case so far in terms of market development – starting with Zambia, then Australia and South Africa? In all three cases, it goes without saying that all the acquired businesses and new customers are benefitting from the unique Kal Tire approach to technical and staff training, as well our unrivalled safety standards. Q Kal Tire’s Mining Tire Group has made three interesting acquisitions in the mining tyre sphere in recent years, notably Tredcor Zambia (2015); Klinge Tyre Services (2016) and Tyre Corp South Africa (2017). As bolt ons rather than organic growth can you summarise the drivers in each case? Each region requires a unique approach at the time. In Zambia, we had been there since 2009, primarily in mining as a distributor of Michelin tyres. However, it was and is a tough market, with a lot of Asian influence, so it is difficult to get miners there to buy into the benefits of premium tyres in terms of cost allied to performance. Tredcor Zambia was attractive to us as it would allow us to consolidate our position in the country as well as build on our relationship with Goodyear, for whom they were a major distributor. We have always prided ourselves in mining with 74 International Mining | JANUARY 2018 In South Africa, as elsewhere, acquired businesses and new customers are benefitting from the unique Kal Tire approach to technical and staff training, as well its unrivalled safety standards