RICHMOND HEIGHTS, Mo. — Telle Tire & Auto Service Inc. is acquiring Shamel Auto & Tire in Bridgeton, Mo., from its founder Richard Shamel.
The deal, expected to close Jan. 2, will boost Telle Tire to seven locations in the St. Louis area. Terms of the deal were not disclosed.
"The values and culture of Shamel Tire align with our company, and we believe this will be a great fit in our organization," said CEO and President Aaron Telle, a fourth-generation Telle family member.
This is the fourth acquisition for the 75-year-old dealership in two years. In March Telle acquired Safeway Tire & Auto in St. Charles, Mo., and last January bought the St. Louis-area store of Meyer's Automotive.
Shamel Auto & Tire is six-bay Bridgestone Affiliated dealership located at the junction of I-70 and State Route 180 near St. Louis Lambert International Airport.