Border Tire, based in El Paso, Texas has acquired the Southern California-based Canyon Tire Sales, a 40-year-old, $45 million tyre dealership which operates five commercial tyre locations and one Michelin retread plant, notes Modern Tire Dealer.
Border Tire Acquires Canyon Tire Locations
Commenting on the new addition to the Texan business, David Shipp, Vice President of Border Tire said, “It has always been our goal to grow and make strategic acquisitions that expand our service footprint to our loyal customer base. The synergy of the two companies coming together will greatly enhance our full-service capabilities.”
Shipp added that with the acquisition Border Tire will become the largest Michelin retreader of California. In total they have 12 locations throughout California, Arizona, Texas and New Mexico. The company expanded its coverage in 2018 with the acquisition of five Tire Centers LLC outlets from Michelin North America Inc.