Delticom Examining ‘Options’ For Its North American E-Commerce Unit

Germany-based online tire and automotive accessories retailer Delticom AG announced June 25 that it’s “examining strategic options” for its e-commerce activities in North America, which are carried out via the web shops and under the umbrella of Delticom North America. The sites offer customers a variety of tire options, including top brands and discount brands. Delticom AG holds a 75-percent stake in Delticom North America.

The company stated that it’s considering “alternative development paths” for Delticom North America, and acknowledged that it’s in discussions with potential investors and market participants.

The move comes at a time of growth, according to Delticom AG, which states that its North American subsidiary has increased its revenues by almost 50 percent compared to the previous year.