Halfords acquires national tyres
WebDec 1, 2024 · Dec 1 (Reuters) - Halfords Group Plc said it would buy Axle Group, the owner of the National tyre servicing brand, for 62 million pounds ($82.54 million) as the cycle retailer shifts focus to its... WebDec 2, 2024 · What Halfords terms “motoring revenue” will “represent more than 70 per cent of Group pro-forma revenue”. (Photo: Halfords) According to Halfords, the …
Halfords acquires national tyres
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WebDec 3, 2024 · Halfords is said to be paying £62m to National shareholders Alan Revie, Joan Revie, John Taylor, Julie Taylor and John Caldwell to acquire busines. It also plans to make a further investment of £17m on capital expenditure and £2m on integration costs at the Stockport-based aftersales provider. WebDec 3, 2024 · Specifically, National Tyres and Autocare bricks and mortar locations will be rebranded as Halfords Autocentres. The four Iverson Tyres branches the company purchased at the same time will also be re …
WebDec 2, 2024 · Halfords has agreed to acquire the group behind the likes of National Tyres and Autocare in a deal worth more than £60m. The giant has signed a sale and purchase … WebOct 5, 2024 · Halfords Ordinary 1p Shares. Halfords has agreed to acquired Lodge Tyre for up to £37.2m in cash. Halfords tells us it's already the UK's number one motoring service provider to consumers, and ...
WebIn December 2024, Halfords acquired rival tyres and auto-care chain National Tyres and Autocare for £62m. The chain will continue to trade under the same name following the … WebDec 1, 2024 · National can be successfully integrated - Halfords has acquired and integrated three similar businesses in the past two years, McConechy's, Tyres on the …
WebDec 1, 2024 · The acquisition is Halfords' fourth purchase of similar businesses in three years after it bought McConechy's, Tyres on the Drive and Universal. Halfords said the deal was expected to add 18 million pounds to its annual core profit by the fifth year after the deal's close. (This story corrects to remove reference to the number of garages in ...
WebDec 1, 2024 · National is a well-established business in the tyre and automotive servicing, maintenance and repair ("SMR") market, operating under the following brands: National Tyres and Autocare ("NTA"), Viking Wholesale Tyres ("Viking") and Tyre Shopper. On completion of the Acquisition, National will be integrated into Halfords' Autocentres … daikin corporate governanceWebDec 2, 2024 · Halfords has acquired automotive service National for £62 million, which will see the business become the UK’s largest vehicle repair business. National operates … bioforce inkafarma precioWebOct 5, 2024 · Halfords is already the UK’s market leading Motoring Service provider to consumers, and on completion will also be the UK’s largest B2B commercial tyre … daikin cora ftxv71wvmaWebDec 2, 2024 · In addition to the acquisition of Axle Group/National Tyres, Halfords has also bought London-based Iverson Tyres, which describes itself as a “specialist supplier and fitter of tyres and provider of adjacent maintenance services”. Iverson Tyres was founded in 1992 and is made up of four locations in Chiswick, Hanwell, Northolt and Farnham … bioforce irvineWebHalfords buys National Tyres and Autocare in £62 million deal 91% increase in Halfords Autocentres revenues drives group sales and profits Following the news that Halfords has bought Lodge Tyres, company representatives shared their … daikin credit ratingWebHalfords revealed yesterday that it would be buying National in a move that will add to its motoring business. The acquisition of National , which employs 1,400 people and runs 239 garages Related ... daikin ctk04 thermostatWebMar 19, 2024 · Halfords has agreed to buy South East motoring services provider Universal Tyre and Autocentres for £15m. The acquisition will expand Halfords’ garage network to 374 sites, plus expand its fleet of mobile service vehicles to 185 commercial vans and 136 Halfords Mobile Expert vans. Following the acquisitions of McConechy’s and Tyres on … bioforce humanitaire