Tyrefix buys C&S Tyres

Tyrefix completed the acquisition of C&S Tyres (UK) Limited, which provides heavy off-highway tyre services across the earthmover, waste and recycling markets. The deal completed on 16 November 2023. According to Tyrefix, “the combination of the two businesses further strengthens Tyrefix’s national offering and is the second acquisition completed under the ownership of Literacy Capital.”

Founded in 1998, Manchester-based C&S Tyres has provided a broad range of specialist tyre services across the UK, including the supply of tyre-filled and press-on solid tyres into the waste sector.

Writing in a statement dated 1 December, the new owners report that, as part of the Tyrefix group, C&S tyres will be well-positioned to expand its reach across the UK using the scale of the Tyrefix business, “whilst retaining the customer-centric values it has today”.

Chris Williams, founder and managing director of C&S Tyres, will remain with the Tyrefix Group “to ensure a smooth and successful transition”. Commenting on the acquisition, Williams said: “I look forward to working with the Tyrefix team, whom I believe are the best fit to take C&S Tyres on the next stage of its journey. I’ve worked with Tyrefix for many years, and believe that together, the two businesses will be a successful partnership.”

Oliver Johnson, chief executive officer of Tyrefix, added: “We are extremely pleased to welcome C&S Tyres to the growing Tyrefix family. The expertise in the heavy off-highway sectors is fully aligned to the strategic direction of the business. Chris has done a fantastic job growing the C&S business, offering genuine value to all the customers he services, with unparalleled knowledge of tyres in these sectors. As Tyrefix, we will look to grow this offering across the UK through the scale and presence we have today.”

Jesse Portner, Investment Director of Literacy Capital commented: “C&S Tyres represents an excellent addition to Tyrefix, broadening the group’s service offerings and end markets for heavy off-highway tyres. We are excited to see the two businesses combine to deliver a comprehensive, market-leading service for its customers.”

According to the company, Tyrefix is the UK’s largest nationwide plant and earthmover tyre repair and replacement provider.