TGI Acquires Serit Tires - Tire Review Magazine

TGI Acquires Serit Tires

Tire Group International has acquired all assets of Serit Tire Wholesale, a U.S.-based exporter of tires specializing in sales to Brazil and the Caribbean. Terms of the deal were not disclosed.

“This acquisition gives TGI an instant presence in Brazil, which is a market we have been absent in for the last nine years,” said Tony Gonzalez, TGI’s CEO..”We are also retaining the services of STW’s president Ernie Rodriguez, who will be responsible for the continuing development of this market, as well as developing other key markets we have targeted. Mr. Rodriguez has over 15 years experience in International Tire Sales and his expertise will be another asset TGI can count on.”

TGI will continue to be aggressive in its growth strategy and will look for other acquisition opportunities that make business sense and fit into the company’s growth plans, he said. (Tire Review/Akron)

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