Nokian Tyres Buys Maine Wholesale Tire to ‘Solidify Distribution’ in US

Nokian Tyres, Inc. has announced that its University Wholesalers subsidiary has purchased Maine Wholesale Tire, a Portland, Maine based tyre distributor. Local news sources report that one of the former owners of Maine Wholesale Tire will remain as management staff to ensure a smooth transition. Terms of the deal were not disclosed. The new entity will now operate under the University Wholesalers name, according to a press release.

“The operation gives us a much stronger presence in Maine and will enable us to improve levels of service to our dealers there and also in southern New Hampshire and eastern Massachusetts,” said Jari Lepisto, General Manger Nokian Tyres, Inc.

Nokian Tyres, Inc. is the North American subsidiary of Nokian Tyres Plc., Finland. The company employs 135 people and services over 1500 retailers (including 12 Vianor branches) in North America.