Competitors Steering Towards Nokian Tyres

Nokian Tyres, a specialist in winter season tyres, is said to be in focus currently as a potential takeover target in the market.

It is number one in the world in terms of its niche business area. The parties rumoured to be interested are Pirelli, Bridgestone and Goodyear – a predictable assortment of its larger competitors. Clearly, this makes for an obvious bolt on to the larger rivals, with added synergies / efficiencies.


The current share price of Nokian is near to €30, with a takeout price as high as €40 likely to clinch any deal that may materialise.

A recent trading update from Nokian Tyres was solid, as was the latest from Michelin. It could very well be the case that with increasingly extreme weather patterns, demand for the offering of Nokian is set to increase. Given that Pirelli was taken over by the Chinese a couple of years ago, this may provide the clue to potential M&A moves in this space. is a purely journalistic website – Zak Mir is a member of the National Union of Journalists. There is no intention here of providing financial advice. It is recommended you seek an independent professional opinion before deciding whether or not to take any action with regard to anything written here.

Author: Zak Mir

Financial commentator, interviewer, technical analyst

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