Bridgestone/Firestone has purchased Roanoke, Va.-based White Tire Inc., one of North America's largest commercial tire dealerships.
Terms of the deal were undisclosed. White Tire, ranked as the nation's 22nd largest commercial dealership by Tire Business, operates 10 commercial centers, four combination commercial/retail locations, six auto service centers and six Bandag franchised retreading plants in Virginia, West Virginia, South Carolina and Tennessee.
BFS said the dealership now is a subsidiary called White Tire L.L.C. and will continue doing business as White Tire. The dealership sells Bridgestone, Firestone, Michelin, Yokohama, Continental and General brands.
``White Tire is one of America's best commercial tire dealers and fits well with our strategy of ensuring our products are represented by the best servicing dealers in America,'' said Kurt Danielson, BFS vice president of North American commercial marketing.
Mr. Danielson noted that the acquisition will ensure that BFS's brands are represented in areas where the company has a strong product presence and customer base. With White Tire, customers purchasing Bridgestone, Firestone and Dayton products can expect the ``same superior service'' the dealership always has provided over the years, Mr. Danielson said.
The Nashville-based tire maker said it has no plans for changes in management or operating structure. Larry DeHaven, who bought the 33-year-old dealership five years ago from founder David White, will continue as president and will keep his management team. He was unavailable for comment at Tire Business' Sept. 7 presstime.
In 2005 White Tire reported sales of $61 million and projected $65 million for 2006. Commercial tire sales in 2005 were $52 million. Retread capacity last year amounted to 485 medium truck tire units per day and 30 light truck units per day.
BFS's GCR Tire Centers commercial business unit operates 13 GCR outlets in the state where White Tire is active.