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Terry’s Tire Town Buys Englewood Tire Wholesale

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For the second time this year, Terry’s Tire Town has grown its wholesale tire distribution footprint. Yesterday the Alliance, Ohio-based dealer confirmed its acquisition of Lyndhurst, N.J.-based Englewood Tire Wholesale.

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Rumored for months, the deal is effective Dec. 1 and gives Terry’s Tire Town Holdings Inc. distribution centers in Lyndhust; Happauge, N.Y.; East Hartford, Conn.; West Deptford, N.J.; and Middlesex, N.J.

Specific terms of the deal were not announced.

In February, Terry’s Tire Town acquired wholesaler Summit Tire of New England, adding warehouses in Brockton, Mass.; Nashua, N.H.; and Westbrook, Maine. Those deals give Terry’s Tire Town a total of 11 distribution centers spanning a 12-state service area from northeast Ohio to New England.

The deal also enhances Terry’s Tire Town’s stake as an American Car Care Center member distributor; both Englewood Tire and Summit Tire were ACCC distributors.

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The deal does not impact Englewood Tire’s seven retail centers. The family-owned Englewood Tire was founded in 1946.

According to Terry’s Tire Town, the acquisition was “more than just an ordinary business deal, this is a marriage of like-mind cultures and executives who know each other and share a common commitment to customer service as a top priority.”

“Englewood has outstanding executive leadership and a premier sales team and we are excited to work with our new colleagues,” said Terry’s Tire Town CEO Will Tolerton, who shares a long-time friendship with John Boyle, Englewood Tire’s president. Both have served on the ACCC Board of Directors for the past 10 years.

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According to Terry’s Tire Town, Boyle will become executive vice president of the company and a member of its board of directors. Scott Williams, a long-time Englewood Tire Wholesale executive, will become a regional vice president.

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