Business Services & Industrials

Nordic Tyre Group

Nordic Tyre Group is the leading independent tyre wholesaler in the Nordics and Baltics, serving as an integral part of the aftermarket value chain between tyre manufacturers and more than 10,000 customers, including tyre retailers, car dealers, automotive workshops and online platforms.

Headquarters: Sweden

CEO: Patrick Bergander

Website: https://nordictyregroup.com/

Responsible partner: Asbjørn Hyldgaard

Fund: Axcel VII

Our investment

Founded in 2019 through the merger of Gummigrossen in Sweden and RengasDuo in Finland, Nordic Tyre Group has grown into a market leader across six countries, leveraging a unique, technology-driven business model built on a proprietary software platform.
Nordic Tyre Group operates in a large, resilient and growing market for replacement tyres, supported by strong industry trends such as the transition to electric vehicles, increased regulatory requirements and a shift towards independent wholesalers.
Nordic Tyre Group will continue to strengthen its position in its core regions while expanding into new European markets.

2025

Axcel
investment

392m

EUR Revenue

Business Services & Industrials

Nordic Tyre Group

Our investment

Founded in 2019 through the merger of Gummigrossen in Sweden and RengasDuo in Finland, Nordic Tyre Group has grown into a market leader across six countries, leveraging a unique, technology-driven business model built on a proprietary software platform.
Nordic Tyre Group operates in a large, resilient and growing market for replacement tyres, supported by strong industry trends such as the transition to electric vehicles, increased regulatory requirements and a shift towards independent wholesalers.
Nordic Tyre Group will continue to strengthen its position in its core regions while expanding into new European markets.