April 10th 2024
Portuguese tire brand Camac acquired by Nova Motorsport
Nova Motorsport, the emerging global motorsport brand specializing in premium competition and specialist tires, has finalized the acquisition of Camac, Portugal’s national tire manufacturer.
This move follows Nova Motorsport’s recent acquisition of Avon Motorsport and Avon Racing assets. With the addition of Camac, Nova Motorsport aims to solidify its position as a leading supplier of Avon Motorsport and Avon Racing products worldwide, the company said.
James Weekley, Nova Motorsport’s commercial director, said, “The acquisition of Camac represents a fundamental milestone in the execution of Nova Motorsport’s global business strategy. It not only solidifies our position as a leading independent tire manufacturer for the motorsport and specialist tire industries, but critically, it facilitates and accelerates the reindustrialization of the Avon Motorsport product range.”
The acquisition provides Nova Motorsport with access to a production facility in Palmeira, Portugal, with an annual capacity of more than 500,000 tires. Camac is already established in the specialized tire market, particularly within the competitive motorsport sector.
Nova Motorsport, which has recently appointed Mike Lynch as chief technical officer, is set to leverage Camac’s manufacturing capabilities and expertise to advance tire performance and customer service. Situated in the European Union, Camac’s facility positions Nova Motorsport to cater to customers across Europe and around the world.
“Nova Motorsport is proud to have recently employed some of the finest technical experts and engineers in the tire and motorsport industries,” added Weekly.
“We already have our own technical and manufacturing experts busy recommissioning the new factory, supported by our Global Technical Centre and HQ in Holt, England. Our focus remains steadfast on ensuring ultimate quality and performance in our products while continually advancing innovation in tire technology.”
Nova Motorsport was also recently named the sponsor and tire supplier for the British Hillclimb Championship (BHC).
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