Maxxis International UK is part of the Maxxis International group, the ninth largest tyre company in the world and biggest manufacturer of bicycle tyres worldwide.
Their newly acquired premises will provide a permanent home for the firm’s marketing department – as the company moves its existing team into the new offices from its previous base at the Cobalt Centre, Coventry.
The 2,598 sq ft two-storey office is located at Mercia Business Village in Westwood Heath, a short drive from Coventry City Centre and the University of Warwick. Maxxis was assisted in the purchase by commercial property agents Shortland Penn + Moore.
Derek McMartin, Maxxis International UK managing director, said: "We are delighted to have secured a new permanent home for our marketing team.
"The property and location are exactly what we were looking for and fit the needs of our company perfectly."
Founded in Taiwan in 1967, Maxxis International has grown to have more than 30,000 employees, distribution in approximately 180 countries and a revenue of over $4b US dollars worldwide.
James Compton, commercial agent at Shortland Penn + Moore, said: "It has been great to work with a worldwide organisation and the whole process went very smoothly.
"It is always satisfying to be able to assist businesses the size of Maxxis in the region and it shows that Coventry is a great place from which to do business."