Retail

Tire Guys grows to 45 stores with the acquisition of Alton's Tire & Automotive

Posted on September 22, 2008

Tire Guys Inc., which does business as Tire-Rama Inc. in Montana and Wyoming, is putting the finishing touches on a major acquisition: Alton's Tire & Automotive.

 

According to Tire Guys CEO and President Dave Wehr, the deal, which will be completed by Oct. 1, 2008, will:

 

* increase the Tire-Rama retail chain to 45 stores, making it the 22nd largest independent tire store chain in the United States;

 

* give the company stores in Washington and Idaho.

 

The 13-store Alton's chain, founded by Duane Alton 40 years ago, is based in Spokane, Wash. Tire Guys is based in Billings, Mont. Wehr declined to reveal the terms of the agreement.

 

Both dealerships are part of the Modern Tire Dealer 100, an annual list of the top 100 domestic independent tire store chains. Prior to the purchase, Tire-Rama was tied for 32nd on the list; Alton's was tied for 88th.

 

"Their strengths are our weaknesses, and vice versa," says Wehr of the Alton's Tire stores, which focus on automotive service. Tire-Rama has made a concerted effort to expand its automotive service offerings the last few years.

 

When the deal is finalized, Duane Alton, a co-owner along with his son, Matt, will retire. Matt will stay on with Tire Guys in some capacity.

 

Tire-Rama sells Bridgestone, Firestone, Cooper, Kenda,

Pro-Comp and Yokohama tires. Alton's sells Hankook, Bridgestone, Nexen and Dayton tires, among others.

 

"The plan is to eventually move our marketing strategies over there," says Wehr. He adds that the Alton's Tire name has value and will not be changed.

Comments ( 0 )
More Stories
Brett Ponton graduated from the University of Nebraska with a degree in finance.
News

Brett Ponton Will Take Over at Monro

John Van Heel is leaving Monro Muffler Brake Inc. after 15 years with the company, the last five as its CEO. He will be replaced by Brett Ponton, whose career includes time at Goodyear Tire & Rubber Co., where he rose through the ranks and eventually served as vice president of marketing for the North American tire division and managed more than 800 retail locations.  

News

Simple Tire Adds Another Delivery Option for Online Tire Buyers

Simple Tire LLC has added a third delivery option for customers of its online sales platform. They can ship their tires to any of the 1,800 FedEx Office locations in the U.S. But Simple Tire’s real goal is to redirect those customers to one of its installation partners.  

News

Pep Boys Expands in New York and New Jersey

Pep Boys — Manny, Moe & Jack, a wholly-owned subsidiary of Icahn Automotive Group LLC, has acquired an automotive and tire center in New York, and opened a new Pep Boys Service & Tire Center in Bordentown, N.J.  

The tall ceilings of Jeff Hall's Gardiners Road store give it a modern look and feel.
News

The Secret to Success for Midas in Canada: Tires

The owner of the two busiest Midas locations in Canada says offering an extensive tire inventory and more than a dozen tire brands has transformed his business. Consider Jeff Hall’s success a sign of what’s to come at Midas stores across North America.  

News

Six Hankook Tire Dealers Will Host Events for Veterans

Six tire dealers will help Hankook Tire America Corp. continue its partnership with the Disabled American Veterans (DAV) organization. Those dealers will host the group's Mobile Service Offices (MSO) at their stores so the DAV can reach out to veterans in those communities.  

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!