Strong M&A activity in 2022 continued throughout 2023, and this year has been no different. The new edition of TB looks at the activity in the industry so far this year.
M&A issue out now: Strong activity so far
Tire Business
Tire Business covers for the May 20, 2024 edition.
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Top independent tire retail dealers, such as Discount Tire/America’s Tire and Sun Auto Tire & Service Inc., grew their footprints, while newcomers, such as Goodturn Tire & Auto, made a statement via acquisition.
The biggest deals so far this year have come from tire maker Titan International Inc., which acquired Carlstar Group L.L.C. for nearly $300 million, and Hankook & Co. Group, which increased its ownership stake in Hanon Systems to 50% with a $1.3 billion investment.
Read all about it in our latest edition of Tire Business.
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