McCarthy Acquires Henise Tire's Commercial Business
Wilkes-Barre, Pa.-based McCarthy Tire Service Co. Inc. has acquired Henise Tire Service Inc.'s commercial tire operations.
The deal includes Henise Tire Service's Bandag retread plant.
The acquisition, which also includes Henise Tire Service's commercial fleet tire sales and shop services, comes during a landmark year for McCarthy Tire Service as the dealership celebrates its 100th anniversary.
McCarthy Tire says it will continue to operate two key Henise Tire Service locations in Allentown, Pa., and Bensalem, Pa.
Henise Tire Service will continue to independently own and operate its core wholesale and retail consumer tire businesses at all of its current locations, except Bensalem, Pennsylvania.
"The acquisition is built on the promise of 'Continuity You Can Count On,'" according to McCarthy Tire officials.
"Customers will maintain uninterrupted access to the premium brands they rely on, including Bridgestone, Firestone, Yokohama, Continental and General. McCarthy Tire will also continue to manufacture the high-quality Bandag retreads that have been a staple of Henise Tire Service’s commercial fleet business.
"Beyond product continuity, Henise Tire Service’s commercial fleet customers will now gain access to McCarthy Tire’s robust, commercial 24/7 emergency roadside assistance, featuring in-house dispatchers and dedicated technicians."
Our primary goal has always been - and remains - taking exceptional care of our customers,” says John McCarthy III, McCarthy Tire's president and fourth generation member of the McCarthy family.
“We are incredibly happy to see our customer base grow through this acquisition and look forward to building strong relationships with Henise Tire Service’s commercial fleet customers. Our new customers can expect their sales and service to carry on completely uninterrupted as we integrate this acquisition into our network.”
According to McCarthy Tire officials, the divestiture of Henise Tire Service's commercial fleet operations "represents a transition of its strong commercial legacy into the hands of company with shared values and a century-long track record of excellence, as well as an opportunity for Henise Tire to devote all of its resources and attention to its primary wholesale and retail consumer businesses."
"Henise has been servicing our customers for 70 years and I am confident that McCarthy Tire Service is the right organization to take our commercial fleet customers into the future,” says Sean Smyth, president of Henise Tire Service. “Their scale and resources are unmatched, yet they maintain the same family-business dedication to quality that our customers have come to expect.
"I want to thank our loyal commercial customers for their years of support and assure them that they are in excellent hands. Henise’s light truck and consumer tire operations will continue unaffected and Henise looks forward to focusing its attention on that part of its business.”
