Acquisition Archives - Tire Review Magazine
Sullivan Tire acquires seven new locations

Sullivan Tire has purchased the assets and will be leasing the buildings and they will open as Sullivan Tire locations effective June 5.

Sullivan Tire Logo
Hankook acquires additional stake in thermal management systems company, Hanon Systems

Hankook & Company Group said it will hold a 50.53% stake in Hanon Systems and take management rights as the largest shareholder.

Handshake agreement
Continental acquires mold specialist EMT for commercial and specialty tires

With the acquisition of EMT, Continental said it can independently produce tire molds for all applications if required.

Discount Tire acquires six Suburban Tire Auto Repair Centers

The six locations in the Chicago area will continue to operate under the Suburban Tire Auto Repair Centers brand name.

Sun Auto Tire & Service expands Texas store count

The company has acquired Carrollton Complete Automotive, which offers a range of automotive services.

Titan International acquires Carlstar Group

Titan International said it believes the acquisition will create “the largest pure-play specialty tire manufacturer covering commercial and consumer end markets.”

Calstar / Titan logos
Myers Industries acquires Signature Systems

Myers’s CEO said the acquisition will strengthen the company’s growing portfolio of brands and will enhance its profitability profile.

Handshake agreement
Litens Aftermarket acquires Kenakore Solutions

With the completion of the acquisition, Kenakore’s distribution center will be rebranded as “Litens Aftermarket Distribution.”

Sun Auto Tire & Service acquires Boyd’s Tire & Service

The acquisition includes seven locations across the Central Ohio area.

Straightaway Tire & Auto acquires two full-service auto repair shops

Maple Grove and Warzecha are full-service auto repair facilities that have been in the MN market for years.

Handshake agreement
Alma Tire Companies acquires Jerry’s Tire

Alma Tire’s extended network now covers Alma, Detroit, Flint, Gaylord, Grand Rapids, Lake Odessa, Mount Pleasant, Saginaw and Traverse City in Michigan.

Mergers and Acquisitions Photo
Liberty Tire Recycling acquires two Florida tire companies

The acquisition of the companies, both with experience in the scrap tire market, aims to bolster Liberty’s recycling capabilities.