AKRON—American Tire Distributors Holdings Inc. (ATD) and Monro Muffler Brake Inc. dominated the industry's mergers and acquisitions activity this past year, spending $830 million and $83 million, respectively.
ATD's six separate acquisitions represent nearly $800 million in annual sales, while Monro's four acquisitions represent about $80 million in sales.
The major deals this year, listed alphabetically, were:
American Tire Distributors Holdings Inc. (Huntersville, N.C.)
c Wholesale business of Trail Tire Distributors Ltd., Alberta; $27.3 million, June (including Extreme Wheel Distributors Ltd., Alberta);
c Wholesale business of RTD-Calgary, Calgary, Alberta; $20.7 million; June.
c Wholesale business of RTD-Edmonton, Edmonton, Alberta; $31.9 million; June.
c Wholesale business of Kirks Tire Ltd., Edmonton, Alberta; $73 million; June.
c Terry's Tire Town, Alliance, Ohio; $365 million; February; ($500 million in annual sales).
c Hercules Tire & Rubber Co., Findlay, Ohio; $311.5 million; January ($500+ million in annual sales).
ATV/American Tire Depot (Cerritos, Calif.)
c Ace Tire Center, San Diego (six stores); March/April.
c Phillips Tire Co., Fullerton, Calif. (five stores).
Best-One Tire (Indianapolis)
c Terry's Tire Town's commercial vehicle tire business, four locations in Ohio; $3.9 million; August.
Bob Sumerel Tire Co. (Erlanger, Ky.)
c Kauffman Tire CV stores in Ohio; April ($25 million in annual sales).
Camoplast Solideal (Magog, Quebec)
c Cherokee Industrial Tire, Lexington, S.C. (13 distribution centers); January.
Clark Tire Co. (Hickory, N.C.)
c Mountain View Tire, Chandler, N.C. (three locations); March/April;
c Cowan Tire & Auto Service, Forest City, N.C.; N.A.; March/April.
Driven Brands/Meineke (Charlotte, N.C.)
c Merlin 200,000 Mile Shops; Chicago area; N.A.; February.
c CAA Auto Centres, Ontario (12 locations); N.A.; February.
East Bay Tire Co. (Fairfield, Calif.)
c Rainbow Tire, Oahu, Hawaii (one retread plant); April.
Express Oil/Tire Engineers (Bir-mingham, Ala.)
c Epperly Tire Co., Columbus, Ga. (four stores).
Heartland Tire (Brainerd, Minn.)
c Galaxy Tire Centers, Minneapolis, Minn. (three locations); September.
c Paramount Auto & Tire (two locations in Minnesota); N.A.; September.
K&M Tire (Delphos, Ohio)
c Texas assets of Area Wholesale Tire Co. Inc., Baton Rouge, La.; September.
c Assets of Mid-Tex Wholesale Tire, Waco, Texas; January.
McCarthy Tire & Automotive Centers (Wilkes-Barre, Pa.)
c Terry-Haggerty Tire Co., Albany, N.Y. (one commercial outlet; one Bandag-system retread plant); August.
Monro Muffler Brake Inc. (Rochester, N.Y.)
c Kan Rock Tire (nine retail stores), Flint, Mich.; $18 million; May ($14 million annual sales);
c Lentz Auto (10 retail stores), Lansing, Mich.; May
c Tire Choice & Car Care, Fort Lauderdale, Fla. (35 stores); August ($51 million in annual sales);
c Wood-Fullerton Inc., Alpharetta, Ga. (nine stores); October ($11 million annual sales);
c Bald Tire & Auto, Laconia, N.H.; May ($2 million in annual sales).
Nokian Tyres North America Inc. (Colchester, Vt.)
c The tire distribution business of Import Tire Inc., Glastonbury, Conn.; June. ($10 million in annual sales).
Rent-A-Wheel/Rent-A-Tire (Los Angeles)
c Aaron's Inc.'s Rimco assets (32 locations in 11 states); $10 million; January ($21 million in annual sales).
U.S. AutoForce (Combined Locks, Wis.)
c Seven Goodyear wholesale distribution centers across the Great Plains; December.
Wiygul Automotive Clinic (Alexandria, Va.)
c Sullivan's Goodyear Tire Center, five stores in central Md.; March/April.