Executive Summary
Titan Europe plc is an international group of companies manufacturing wheels, undercarriage components and assemblies for tracked and wheeled \off-road\ vehicles. This includes machines for the agricultural, construction, military and mining industries. The Group also supplies \wet brake systems\ for the agricultural industry, and distributes tyres, and wheel and tyre assemblies providing a logistical service to the main agricultural and construction OEMs. The facilities for manufacturing wheels are based in Italy, France, Germany, Australia and the U.K., and include a 35.9% shareholding in Wheels India, an Indian wheel manufacturer quoted on the N.S.E. Crawlers and undercarriage components are manufactured in the USA, Brazil, Spain, Italy, Germany and China and sold under the well known brand names ITM, ITRAC, Sorefa, Pyrsa and Shark.
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