Mobility Business in Europe

Through European Tyre Enterprise Limited (ETEL), Itochu operates Kwik Fit (UK/Netherlands), one of Europe¡¯s largest automobile maintenance and tire retail businesses, Stapleton¡¯s, the UK¡¯s largest tire wholesaler, and Murfitts, the UK¡¯s leading company in waste tire collection and processing. Leveraging a nationwide tire logistics network in the UK, the company is working to further enhance its maintenance and sales network. Its stores also provide bicycle maintenance services, covering a wide range of mobility-related after-sales services. Additionally, the company aims to contribute to the overall sustainability of the tire supply chain by reducing waste through tire collection and promoting the sale of recycled products.