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QUINCY, ILL. -- Titan International in Quincy may be expanding its reach.

According to a press notice, Titan has approached the board of Titan Europe to possibly acquire shares of the European company.

The details we know are listed below. Titan Europe PLC is an international engineering group, which designs and manufactures wheels, undercarriage components and assemblies for tracked and wheeled "off-road vehicles."

The following is the complete release from Titan Wheel:

Titan International Disclosure Requirements for Potential Offer

QUINCY, Ill.—Titan International, Inc. (NYSE: TWI) wishes to draw to the attention of its shareholders certain disclosure requirements applicable to the possible offer by Titan International, Inc. for Titan Europe Plc which was announced on 17 July 2012. Titan International, Inc.’s common stock is admitted to trading on the New York Stock Exchange.

The above requirements are set out in Rule 8 of the UK City Code on Takeovers and Mergers which is published and administered by the Takeover Panel. In particular Rule 8.3 requires that any person who is interested (directly or indirectly) in 1% or more of any class of relevant securities of any party to the offer must make (a) an Opening Position Disclosure and (b) a Dealing Disclosure if he deals in any relevant securities of any party to the offer during an offer period. The Titan International, Inc. shares are relevant securities for the purposes of the possible offer.
 
Further information about the Takeover Panel’s disclosure regime is available at: http://www.thetakeoverpanel.org.uk/disclosure. If you have any questions, the Takeover Panel’s Market Surveillance Unit can be contacted on +44(0)20 7638 0129.
 
Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications. For more information, visit www.titan-intl.com.