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At its peak, Alliance employed about 1500 people. Notwithstanding the success and growth, technological advancements allowed the company to become more efficient. As of 2006, Alliance employs over 950 people and has revenue of over US$ 163 Million (78.5% export and 21.5% local.
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in the United States. The recovery plan succeeded and the company returned to profitability in 1990. In 1992, Alliance's assets and operations were sold to new owners, "Fishman
Holding" of Israel, and U. Zucker and
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In 2009, the
Mahansaria family acquired GPX which is an American company and owns the brand Galaxy for $ 54 million. Alliance Tire Group has three brands - Alliance, Galaxy and Primex.
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In 2007, the
Mahansaria family with the support of Warburg Pincus acquired Alliance Tires Company of Israel which owned the brand 'Alliance' to form Alliance Tire Group.
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was excited about the venture and managed to raise funds from fifteen other enthusiastic
American Jews who would share a 49% stake. In 1971, Alliance acquired Samson.
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became the major shareholder of
Alliance. From 1988 to 1992, the company operated under the Official Receiver of the State of Israel, under a program similar to
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242:), Alliance was founded. Dayton was owned by A. L. Friedlander, for which the street the company is located on has been named. Friedlander, a
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company decided to open a competing company and later that year, with know-how from the "Dayton Tire and Rubber
Company" (since bought by
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202:. It has three manufacturing plants in Hadera (Israel); Tirunelvelli and Dahej (India) and it is owned by
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The Wheel Of
Fortune: Yogesh Mahansaria's Nurturing Has Taken Alliance Tire Places | Forbes India
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Leitner-Bar-Tal, Iris (29 September 2006). ""Tires
Wrapping the World" (Hebrew)" (Document).
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in July 2016. The current
Chairman of the company is Atao Kishi and the CEO is Nitin Mantri.
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firm and the
Mahansaria family for about $ 48 million plus Alliance's debt of $ 100 million.
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drove the government to encourage new industries. In 1950, a tire manufacturer plant named
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producing and marketing tires for agricultural, multi-purpose and industrial clients in
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Please help update this article to reflect recent events or newly available information.
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Yogesh Mahansaria's Second Coming With Alliance Tires | Forbes India
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33:. The reason given is: Recent name change/company integration.
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Only two years after the creation of the State of Israel in
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tires, an area that would become its expertise. During the
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of the U.S. and in 1993, Alliance went public on the
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tires for cars but in the 1960s, it started offering
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418:"Warburg Pincus and Mahansarias complete buy-out"
292:In July 2007, Alliance was fully acquired by
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577:Manufacturing companies based in Mumbai
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7:
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324:ATG was acquired by the Japanese
172:Alliance Tire Company (Pvt.) Ltd.
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510:"ATG hires Cummins exec as CEO"
232:General Tire and Rubber Company
178:manufacturing company based in
264:, the company exported to the
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587:1950 establishments in Israel
252:Alliance originally produced
567:Tire manufacturers of Israel
466:"KKR acquires Alliance Tire"
234:. A few executives from the
572:Tyre manufacturers of India
89:; 74 years ago
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168:Yokohama Off-Highway Tires
63:Yokohama Off-Highway Tires
56:Yokohama Off-Highway Tires
444:"Company website profile"
317:bought out stake held by
29:This article needs to be
592:Warburg Pincus companies
470:Business Standard India
446:. Alliance Tire Company
326:Yokohama Rubber Company
287:Tel Aviv Stock Exchange
204:Yokohama Rubber Company
142:Yokohama Rubber Company
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79:Manufacturing company
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268:indirectly through
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496:The Economic Times
220:aliyah immigration
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422:Business Standard
420:(Press release).
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550:Official website
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472:. 13 April 2013
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298:private equity
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289:floating 10%.
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516:. 1 May 2017.
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514:Tire Business
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381:. p. 4.
379:Makor Rishon
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347:South Africa
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283:Bear Stearns
266:Eastern Bloc
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206:since 2016.
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153:yokohama-oht
102:Headquarters
68:Company type
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41:January 2023
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331:Locations:
296:, a global
272:. In 1983,
240:Bridgestone
236:Solel Boneh
228:Petah Tikva
117:Area served
561:Categories
476:8 December
450:18 October
428:18 October
402:8 December
364:References
278:Chapter 11
170:(formerly
254:pneumatic
262:Cold War
218:wave of
76:Industry
258:tractor
247:zionist
210:History
174:) is a
148:Website
124:, USA,
92: (
84:Founded
31:updated
359:Mexico
341:Europe
335:Israel
244:Jewish
224:Samson
198:, and
190:, the
188:Europe
180:Mumbai
137:Parent
128:, and
122:Europe
106:Mumbai
344:India
338:China
196:Japan
184:India
126:Japan
110:India
478:2015
452:2007
430:2007
404:2015
274:Koor
270:Cuba
216:1948
176:tire
157:/usa
155:.com
94:1950
87:1950
315:KKR
230:by
192:USA
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