K&M Tire is expanding its U.S. footprint, announcing the acquisition of MotoStar Tire and Auto Products, Inc., growing its market coverage into seven new states.
Pep Boys has acquired PJ’s Auto & Tire Center in Franklin Square, N.Y. The company also a new location in Bordentown, New Jersey.
Pep Boys has acquired Mathis Tire & Auto Service and Direct Tire Distributors in Memphis, Tenn., making the company the third-largest automotive service chain in the city.
McCarthy Tire Service has purchased the commercial division of Sandone Tire in Scranton, Pa. Sandone’s retail stores were not part of the agreement.
Tyres & Accessories magazine reported yesterday that Sweden’s Trelleborg AB has agreed to acquire the Czech Republic’s CGS Holding AS for approximately $1.25 billion. CGS Holding produces and sells Mitas brand agricultural tires and operates a plant in Charles City, Iowa. The two companies expect the deal to clear and be completed in the first