Hankook Tire & Technology signs OE supply deal with Schmitz Cargobull

Hankook Tire & Technology announced Friday that it has signed an original equipment tire supply agreement with Schmitz Cargobull, Europe's leading trailer manufacturer, to supply truck and bus radial tires.

Hankook Tire first supplied original equipment tires to Schmitz Cargobull in 2013 and expanded its product lineup through 2022. Under the new agreement, the company will supply TBR products to Schmitz Cargobull for four years through June 2030.

Schmitz Cargobull is Europe's largest specialized trailer manufacturer, with production facilities across the continent — including in Germany, the United Kingdom, Spain, Lithuania, Romania and Turkey. The company leads the European logistics industry with products such as refrigerated semi-trailers and dump trailers.

During the partnership, Hankook Tire will supply commercial vehicle tires incorporating its top-tier TBR technology platform, Smart+Technology, across the full range of commercial vehicle lineups manufactured by Schmitz Cargobull.

"This partnership reflects the outstanding competitiveness of Hankook Tire's truck and bus tire products and our reliable supply capabilities," a company official said. "By meeting Schmitz Cargobull's rigorous standards for quality, performance and high mileage, we have laid the groundwork to further strengthen our position in the European commercial vehicle market."

Hankook Tire plans to accelerate its push into the European commercial vehicle market by continuing to participate in major industry trade shows, including the Road Transport Expo in the United Kingdom, IAA Transportation and the Logistics and Transport Fair in Germany, and The Tire Cologne, where it will showcase its innovative TBR technology.

Meanwhile, Hankook Tire has also been making its mark in motorsports — having been named the official tire supplier of the Belgian Rally Championship — as it continues to expand its customer reach worldwide.