K&M Tire Inc. of Delphos, Ohio, has purchased the assets of Mid-Tex Wholesale Tire LLC in Waco, Texas. The purchase, effective Jan. 27, includes tire inventory and a customer list.
Mid-Tex Wholesale Tire was predominantly a Cooper Tire wholesaler. Along with Cooper, Mid-Tex distributed several other tire brands.
“We are very excited about this opportunity with Mid-Tex to expand and add to our customer base in Texas,” says Cheryl Gossard, K&M Tire vice president.
“K&M has spent the last year laying the foundation in Texas to be ready and capable of significantly increasing our sales in this market. We moved into a larger warehouse, increased our tire inventory levels, along with hiring and training sales staff and drivers. Customer service is our number one priority so it is extremely important for us to have everything in place before we focus on adding sales in our newer markets.”
K&M plans to service its new customers from its existing warehouses in the Dallas and Houston areas. The company says Dean Harper, the former owner of Mid-Tex Wholesale Tire, will assist in the transition.
Founded in 1970, K&M Tire operates 16 distribution centers throughout the Great Lakes, Midwest, and Great Plains regions, servicing customers in more than 20 states.