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Mergers & Acquisitions

    • Doublestar signs deal to gain control of Kumho

      QINGDAO, China Qingdao Doublestar Group and its subsidiary Xingwei Korea Co. Ltd. have signed a contract to acquire a 45-percent stake in Kumho Tire Co. Ltd. through a $607 million private placement.

    • Clearlake Capital acquires Wheel Pros

      SANTA MONICA, Calif. — Clearlake Capital Group L.P. has acquired Wheel Pros Holdings L.L.C., the Denver-based distributor of branded automotive aftermarket wheels, performance tires and accessories.

    • Quality Tire acquires TCi assets in Colorado

      DENVER — Quality Tire Co. has acquired three TCi Tire Centers commercial service locations and an MRT retread plant in Colorado, expanding the dealership's reach to eight locations and three retread plants in three states.

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