Kwik-Fit and Stapleton’s owner ETEL buys leading tyre recycling firm Murfitts
European Tyre Enterprise Ltd (ETEL), which owns leading tyre retail and wholesale operations Kwik-Fit and Stapleton’s, has agreed the acquisition of Murfitts Industries, the country’s leading tyre recycling company. ETEL is buying 100 per cent of Murfitts Group Ltd, the parent company of Murfitts Industries. Murfitts operates a national network recycling the equivalent of around 20 million car tyres per year. Murfitts, which processes and recycles tyres into granulate, has been a long-term provider of post-consumer tyre collection and recycling services to ETEL.