Bridgestone Europe to acquire specialist tire manufacturer Groupe Ayme
Friday, January 20, 2017
Brussels, Beglium - Bridgestone Europe NV/SA announces that it has entered into an exclusivity agreement with the shareholders of Groupe Ayme for the acquisition of the largest independent tire specialist in France. The finalization of the transaction is subject to information and consultations with the social partners as well as competition authority clearance. This proposed acquisition will support Bridgestone’s retail vision to become the most trusted provider of tire and automotive services in every business segment it serves. It will also allow Bridgestone to get closer to the market and gain a better understanding of end-users which is essential to continue building a leading position in the market. This acquisition will add 104 points of sale in France under the “Côté Route” brand. As a result, the Bridgestone retail network, consisting of First Stop, Speedy and Côté Route, will have more than 900 points of sale.
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www.hoosiertirecustommfg.com Founded in 1957, Hoosier Racing Tire Corp. is the largest race tire manufacturer in the world. Over 1,000 different types of race tires are produced, with all tires manufactured in the United States. Hoosier has expanded their Plymouth, IN manufacturing plant and established Hoosier Custom Manufacturing, offering calendering, gum calendering, rubber mixing, specialty tires, components and engineering/testing services to the market.
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