Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • Mid-Year Report
  • News
    • Aligning with ADAS
    • OPINION
    • BUSINESS/FINANCIAL
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • Humanitarian Award
    • RETAIL TIRES
    • SERVICE ZONE
    • TIRE MAKERS
    • Best Places to Work
    • RUSSIA WAR IN UKRAINE
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Events
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
  • Resources
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. Acquisition
May 23, 2022 09:27 AM

K&M acquires N.Y. distributor Midtown Tire

Tire Business
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    MidtownTire-main_i.jpg
    K&M Tire Inc. photo
    K&M Tire Inc. has expanded its reach into New York, acquiring Rochester, N.Y.-based tire distributor Midtown Tire.

    DELPHOS, Ohio — K&M Tire Inc. has expanded its reach into New York, acquiring Rochester, N.Y.-based tire distributor Midtown Tire.

    The acquisition became official on May 23. Financial terms of the agreement were not disclosed.

    Cheryl Gossard, president of K&M Tire, said family-owned K&M has had interest in expanding its distribution footprint within the New York market.

    "We feel that the team at Midtown Tire fits our company culture and values and will be a wonderful addition to our team. We look forward to welcoming Midtown Tire employees to the K&M Tire team and servicing the customers in this area, while making them the most important people in our business."

    This marks the second acquisition in the wholesale market in the last week.

    K&M Tire Inc. photo
    K&M Tire Inc. has expanded its reach into New York, acquiring Rochester, N.Y.-based tire distributor Midtown Tire.

    American Tire Distributors Inc. (ATD) is acquiring the the wholesale tire distribution arm of Monro Inc., which operates as Tires Now, boosting the portfolio and reach of ATD, North America's largest tire distributor.

    On May 19, American Tire Distributors Inc., North America's largest tire distributor, announced it was acquiring Tires Now, the distribution arm of Monro Inc.

    ATD will pay $105 million under terms of the deal.

    K&M, meanwhile, operates 32 distribution centers located throughout the Great Plains, Midwest, Mid-Atlantic and New England.

    K&M Tire last made an acquisition in August 2020 when it acquired Safemark, a division of the Pennsylvania Farm Bureau, located in Middletown, Pa., expanding its distribution footprint in eastern Pennsylvania.

    The company employs more than 800 and distributes more than 50 tire brands, including passenger, light truck, commercial truck, farm and other tire segments. K&M, which celebrated its also supplies tire equipment and accessories to its network of tire dealer customers across the U.S.

    Related Article
    Updated: ATD to buy Monro tire-distribution unit for $105M
    Purcell grows Kansas City footprint with Lowe's acquisition
    Sun Auto acquires Arizona-based Superior Tire
    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Brison leaves Hankook for TireHub
    2
    Goodyear marks milestone with Cooper Tire integration
    3
    Updated: Tire makers react to war in Ukraine
    4
    Yokohama spotlights growing UHP tire portfolio
    5
    Bridgestone 3.0 report details sustainable future
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Mid-Year Report
    • News
      • Aligning with ADAS
      • OPINION
      • BUSINESS/FINANCIAL
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • Humanitarian Award
      • RETAIL TIRES
      • SERVICE ZONE
      • TIRE MAKERS
      • Best Places to Work
      • RUSSIA WAR IN UKRAINE
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Events
      • ASK THE EXPERT
      • LIVESTREAMS
      • WEBINARS
      • SEMA LIVESTREAMS
      • RUBBER NEWS EVENTS
    • Resources
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION