ST. JOHN, New Brunswick (Sept. 24, 2003) — Coast Tire & Auto Service (2002) Ltd. has signed an agreement to buy Herman's Auto Service in Halifax, adding three stores to Coast Tire's stable of 22 outlets.
The deal is effective Oct. 1, though Coast Tire did not release terms of the sale. A Goodyear dealer, Herman's operated three retail tire and auto service outlets as well as a wholesale tire division in the Halifax area.
“Coast Tire currently has seven locations in Nova Scotia,” said Ron Outerbridge, president and majority owner of the St. John-based retail and commercial dealership. “The addition of these locations will significantly improve our service capabilities for our retail, commercial and wholesale customers in Halifax.”
In a Coast Tire statement, the owners of Herman's Auto praised their fellow Goodyear dealer.
“We've had a close relationship with Coast Tire for a number of years,” David Herman, one of three owners, said. “When we decided it was time for a change, it seemed logical that Coast Tire would ensure our customers continue to receive the highest level of service.”