BRUSSELS (Jan. 18, 2017) — Bridgestone Europe N.V./S.A. is buying Groupe Ayme, a French tire retailer with 104 points of sale under the "Côté Route" brand.
The acquisition will expand Bridgestone's retail network in France to more than 900 outlets, operating under the First Stop, Speedy and Côté Route brands.
Financial details were not disclosed. Completion of the transaction is subject to information and consultations with the "social partners" as well as competition authority clearance.
Groupe Ayme's Côté Route stores are located throughout France, but with a heavy concentration throughout southeastern France. Bridgestone called Groupe Ayme largest independent tire specialist in France but did not disclose the group's annual sales.