A-V Buying Parts Distributor, Gets Tire Wholesaler - Tire Review Magazine

A-V Buying Parts Distributor, Gets Tire Wholesaler

(Akron/Tire Review) Continuing its transformation from being a tiremaker only to a tire producer, distributor and retailer, Amtel-Vredestein will purchase leading auto parts distributor, LLC Trade House Pigma, based in Nizhny Novgorod.

Pigma itself is acquiring tire wholesaler LLC Trade House Megashina.

The deal is being done through Amtel-Vredestein’s AV-TO retail subsidiary.

Pigma sells more than 27,000 auto components from approximately 40 producers to over 1,500 customers throughout Russia and CIS. Pigma previously sold seven tire retail centers in Nizhny Novgorod to Amtel-Vredestein this past March.

Prior to the closing of this acquisition, Amtel-Vredestein said, Pigma will purchase Megashina, a leading Russian tire wholesaler and distributor. Megashina serves more than 500 tire retailers, auto dealers and auto service stations through its 14 offices and warehouses nationwide.

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