Martins Industries Acquires Magnum+
Martins Industries has acquired Magnum+, a brand of high-precision tire balancing beads.
Monro To Expand West Coast Presence with 18 Stores, Continues Store Refresh Plan
During the second quarter of fiscal 2020, the company added 13 company-operated stores and closed two, ending the quarter with 1,262 company-operated stores and 98 franchised locations with more planned.
Continental Acquires Automotive Aftermarket Belt Business of CRP Industries
Continental has acquired the assets and business of CRP Industries’ Continental-related belt and belt kits program.
GRI Acquires Nortire OU in Northern Europe
GRI, a Sri Lanka-based specialty tire manufacturer, recently acquired Nortire OÜ in Northern Europe to expand its global service network.
What Investment Activity Can Foretell About the Future of the Tire Industry
Following the money can serve as a valuable barometer to help predict where the industry is headed with increased interest in the tire segment from private equity, institutional investors and strategic acquirers.
Bauer Built Acquires Tire Division of Allied Oil & Tire
Bauer Built, Inc. has acquired the commercial tire division of Allied Oil & Tire Company effective April 1, 2019.
Monro Enters into California with 40-Store Acquisition
The acquisition includes Certified Tire’s 40 retail stores located in San Francisco, San Diego and Los Angeles, California and a distribution center in Riverside, California.
Chapel Hill Tire Acquires Atlantic Avenue Tire and Service
Chapel Hill Tire has moved into the Raleigh, North Carolina, market with the acquisition of Atlantic Avenue Tire and Service (AATS).
Rice Tire Acquires Central Tire
Rice Tire Co., located in Frederick, Maryland, has closed on a deal to acquire Central Tire, a fourth-generation tire business location in Verona, Virginia.
Monro Inc. Earnings, Expansion Through Acquisition
Monro, Inc. announced that it has signed a definitive agreement to acquire 12 retail tire locations in Louisiana, further expanding the company’s presence in southern markets.
Best-One of Indy to Acquire Frank Anderson Tire Company
Effective February 1, 2019, Frank Anderson Tire Company of Columbus, Indiana, will be acquired by Best-One of Indy.
Trelleborg Acquires Tire Distributor Pneus ICM in Canada
Trelleborg has signed an agreement and finalized the acquisition of privately owned Pneus ICM Inc — a specialized industrial tire service provider and distributor in Montreal, Canada.