Acquisition
SANTA PAULA, Calif. — BendPak Holdings L.L.C. has acquired certain garage-equipments and tool assets from Garage Equipment Supply Inc., including the Dannmar, MaxJax and Garage Equipment Supply equipment brands.
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STOCKHOLM — Group Michelin is investing in Swedish tire pyrolysis company Scandinavian Enviro Systems A.B. as part of a move to improve its sustainability portfolio and to help scale up Enviro's "innovative" recycling technology.
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CHICAGO — Commercial Tire Service, a Chicago-based commercial dealership and retreader with eight outlets, has aligned itself with Goodyear to help expand Goodyear's presence in the Midwest.
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MILAN — High-performance braking systems producer Brembo S.p.A. has acquired a minority share interest in fellow Italian company Pirelli & C. S.p.A.
PITTSBURGH — Liberty Tire Recycling has acquired fellow tire recycler Lakin Tire, creating an enterprise with the capacity to collect over 180 million tires and generate 2.6 billion pounds of recycled rubber products annually.
KEARNY, Neb. — Leeds West Groups is expanding its network of Midas Auto Service & Tires outlets in Nebraska with the acquisition of a long-established store in Kearney.
ST. LOUIS — Telle Tire & Auto Centers Inc. has expanded into the Kansas City, Mo., metro area with the acquisition of KC Complete Auto Service and its five stores.
AKRON — A number of key mergers and acquistions throughout 2019 are reshaping the competitive landscape in multiple layers of the tire industry, according to assessment of the markets.
LOGAN, Utah — Jack's Tire & Oil Inc., one of the 25 largest commercial dealerships in the U.S., is merging with A&E Tire Inc. of Colorado Springs, Colo., effective April 1.
LOS ANGELES — Mobile car repairer RepairSmith has acquired CarDash, a concierge car repair service company based in Menlo Park, Calif.