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Magna Tyres Acquires Australia’s Telescope Tyres Group

Telescope Tyres
The Telescope Tyres acquisition boosts Magna Tyres’ service network and supply chain across Australia’s east coast.

Telescope Tyres to Still Operate with Its Existing Name

Dutch tyre maker, Magna Tyres Group (Magna Tyres), announced in December 2025 that it had acquired Telescope Tyres Group (Telescope Tyres), an Australian tyre and service specialist with multiple branches across the state of New South Wales.

The acquisition of Telescope Tyres marks a significant step in Magna Tyres‘ ongoing effort to strengthen its international presence, particularly in the Australasian region....

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