MUSCATINE, Iowa (Sept. 12, 2002) — Tire Distribution Systems Inc., a wholly owned subsidiary of Bandag Inc., has sold five locations to Bandag dealers.
TDS sold two commercial outlets in Doraville, Ga., and Athens, Ga., and a retread/commercial location in Atlanta to Alan Snow for an undisclosed price. Mr. Snow owns Atlanta Commercial Tire, Macon Commercial Tire in Macon, Ga., Mid-Ga. Commercial Tire in Griffin, Ga.; and North Georgia Tire in Cartersville, Ga. The deal was finalized Sept. 10.
In a separate deal finalized Sept. 6, TDS sold its Pascagoula, Miss., and Lake Charles, La., retail stores to Delta Tire N.O., a New Orleans-based tire dealer. Terms of that deal also were undisclosed.