Sun Auto Tire & Service, Inc. announced the acquisition of Superior Tire, an automotive tire and repair store brand serving the northwest region of Arizona. Based in Mohave County, Superior Tire has served the area since 1979. Its four locations are now part of the Sun Auto family of brands, the company says. The Western
Wheel Pros says it has acquired TeraFlex, a designer, manufacturer and distributor of aftermarket suspensions, shocks, and other components for automotive and off-roading enthusiasts. Wheel Pros says Mark Falkner, TeraFlex’s founder and chief financial officer (CEO), Benjamin Falkner, president, and Ian Falkner, vice president (VP) of organizational development will remain with the combined company. Wheel
Zhongce Rubber Group (Zhongce) has acquired Tianjin United Tire & Rubber International Company, (TUTRIC) which manufactures the Tianli tire brand and is based in Tianjin, China. Zhongce Rubber (Tianjin), as a newly established wholly-owned subsidiary of Zhongce, will take responsibility for the day-to-day business operations at the Tianjin factory. Zhongce says it can now offer
Yokohama Rubber Co. Ltd. entered into a share purchase agreement with the Swedish-based Trelleborg AB to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB, a company engaged in the manufacture and sale of off-highway tires (OHT) for agricultural and industrial machinery. The acquisition is valued at over $2 billion and is scheduled to
Private-equity-backed Sun Auto Tire & Service acquired 11 new automotive service brands last year and doubled in size. So, how did they do it? And what’s to credit for their growth? In this episode of What’s Treading with Tire Review, presented by AAPEX 2022, we’re joined by Tony Puckett, the company’s CEO, to discuss Sun Auto’s growth to
McCarthy Tire Service has expanded its presence in the southeast with the purchase of Piedmont Truck Tires, Inc. The company will continue to operate under the Piedmont Truck Tire name with the current president, Dan Rice, overseeing operations. Incorporated in 1978, Piedmont Truck Tires says it has ten service locations– eight in North Carolina, one
U.S. AutoForce, a division of U.S. Venture, will acquire tire distributor Max Finkelstein, Inc., headquartered in Astoria, New York. The acquisition is expected to close Jan. 31 and Max Finkelstein will operate as a division of U.S. AutoForce under the management of the current leadership team. Founded in 1919 with a single retail store in
The Mufflerman Inc., a portfolio company of Argyle Capital Partners has acquired Superior Tire & Auto Inc. (“Superior Tire”) from Frank Bongiovanni, president, and Howard Minsker, chief executive officer. Founded in 1942, Superior Tire’s president and employees will be remaining with the business and will continue to lead the Superior Tire franchisees and operations as
Tire manufacturer Magna Tyres has acquired the Polish tire dealer Industra Ltd. Financial details were not disclosed. Magna Tyres says Industra has strong positioning in Poland as the biggest supplier of specialty tire services. Thecompany works with three product categories: industrial tires (from forklifts to port handling machines),tires for earthmoving machinery and the agricultural sector (tires, wheels and
With the addition of Tuffy’s 165 service centers across the Midwest, South and Southeast US, Mavis will serve customers across more than 1,200 locations in 35 states, Tuffy said.
T.O. Haas Tire & Auto, Bruce’s Tire & Auto Service and Delta World Tire have joined the Sun Auto Tire & Service portfolio of companies.
These recent developments contribute to the company’s potential growth of opening 60 locations in 2022 through acquisitions and/or organic growth, which would bring the total number of Tire Discounters stores in the U.S. to over 200 locations, the company said.