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Mahansaria Tyres Acquires American Tire Distributor

Mahansaria Tyres Private Limited (MTPL) has reached an in-principle agreement to acquire a majority stake in Tyres International Inc. (TI). This is the first step by MTPL in building its distribution network in North America.

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Tyres International would distribute MTPL’s Ascenso brand of agricultural and construction tires in the United States, whilst continuing to act as a distributor for Westlake commercial truck tires and Sunrise commercial truck wheels. The Westlake brand of commercial truck tires is manufactured by ZC Rubber, with whom TI has had a relationship for over 20 years.

Through this investment, the companies say they aim to continue the development of TI as a leading wholesale tire distributor in the U.S.

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