Investcorp acquires US firm

BAHRAIN — Bahrain-based global investment group, Investcorp has acquired American Tire Distributors, the leading distributor of motor vehicle tires to the replacement market in the United States.

By A Staff Reporter

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Published: Wed 13 Apr 2005, 10:42 AM

Last updated: Thu 2 Apr 2015, 4:00 PM

This investment is now being offered to Investcorp's client base.

American Tire has 71 distribution centres and a fleet of 700 trucks providing coverage to 36 US states, and offers 60,000 distinct products serving an average of 35,000 customers each month.

With annual revenue of $1.4 billion, the company has an approximate 6 per cent share of the total $24.3 billion market for replacement tires in the United States.

American Tire is the market leader with turnover approximately four times the size of its closest competitor.



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