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Jetyres acquisition part of a wider growth strategy at Universal Tyres

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Following on from the purchase of Jetyres at the end of last month, the company has shared further details of its recent growth and investment.

Universal Tyre & Autocentres is now a third and fourth generation family business with a trading history of 93 years. The company services tyre needs from cars right through to earthmovers. Latterly the company has upgraded it service offering within the car sector, as Wright explained:

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Related news:

  1. Universal buys Jetyres
  2. Universal buys three Tyrework branches from KRT
  3. Stapleton’s to Buy Central Tyre
  4. Halfords Buys Nationwide Autocentres for £73.2 million
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Universal buys Jetyres

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On 30 June Universal Tyres acquired Jetyres. The deal, which was six months in the making, sees Universal add Jetyres’ four retail branches to the company’s existing portfolio of 12 tyre retail locations. With a combined total of 16 points of sale, Universal looks likely re-enter the UK top 20 in 2017 as a result of the transaction. No details of the levels of investment connected to Universal’s purchase of Jetyres have been released.

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Related news:

  1. Jetyres acquisition part of a wider growth strategy at Universal Tyres
  2. Universal buys three Tyrework branches from KRT
  3. Growth and stability amongst leading UK tyre retailers
  4. Stapleton’s Confirms Pirelli CPK Purchase
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Giovinazzi wins 25th Zandvoort F3 Masters, supported by Kumho S700 tyres

The 25 lap grand final of the Zandvoort Formula Three Masters was won by Italian Antonio Giovinazzi, fighting off a determined challenge from fellow Carlin driver, the UK’s George Russell. The event was run on Kumho’s S700 tyres; the Korean manufacturer has supplied the event since 2002, and had a strong presence at the 18-20 September event.

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Related news:

  1. Kumho looks back on 2015 motorsport successes
  2. Kumho ready for Zandvoort Masters
  3. Kumho treats retailers to Silverstone race day
  4. Kumho-shod McCormack takes outright honours at Roger Albert Clark Rally
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