Point S France and Siligom, two networks of independent tire dealers in France are joining forces and creating a new group which represents 650 retail outlets, 500 independent entrepreneurs, 4,000 employees and a consolidated turnover of 580 million euros.
In a press release both networks say they are sharing the same corporate values in terms of independence and professionalism including a similar business profile: offering tires and maintenance for passenger cars as well as for trucks, agricultural, and earthmover vehicles.
The new French Group will offer widespread geographic coverage for cars and truck fleet customers. The B2B strategy will be supported by a common purchasing policy and an annual sales volume of more than 2 million tires.
"This rapprochement is going to reinforce the representativeness of independent tire dealers in the French market," says Christophe Rollet, Point S France managing director and vice president of development for Point S. "We get organized to pursue our development in a market which is facing a faster concentration in the distribution. This agreement is giving rise to a strong, independent group with two retail banners."
Fabien Bouquet, Point S Development CEO, says "Our announcement is showing again the capability of independents to come together to create new synergies for the benefit of their customers and members. This is the approach we have been promoting worldwide with great success since our network founding 45 years ago."