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PR Newswire·

TITAN INTERNATIONAL INC. CLOSES ON STRATEGIC PARTNERSHIP WITH BRAZILIAN WHEEL MANUFACTURER RODAROS

  • Titan International, Inc. closed a strategic partnership with Brazilian manufacturer Rodaros Industria de Rodas Ltda. on October 28, 2025, following formal regulatory review.
  • The deal includes an initial $4 million cash investment by Titan for a 20% ownership stake in Rodaros, the second largest agricultural wheel manufacturer in Brazil.
  • Titan is committed to acquiring the remaining 80% stake in 2029, contingent on financial performance criteria determining the final enterprise valuation.
  • Titan will secure one seat on Rodaros' three-member board of directors & provide financial leadership.
  • The partnership aims to distribute integrated wheel & tire assemblies to original equipment manufacturers (OEMs) in Brazil, the third largest agricultural market globally.
  • CEO Paul Reitz highlighted that this collaboration addresses a market gap, as competitors do not currently offer combined wheel/tire assembly procurement in the region.
  • The agreement supports Titan's goal to become a global supplier of both wheels & tires for OEMs across all key geographies.