Citira has acquired Redpath Tyres Ltd, which represents its first move into the commercial and agricultural tyre segment in the UK.
The Acquisition
The recent acquisition of Redpath Tyres builds on Citira’s entry into the UK earlier this year through Tyrefix Group, bringing Redpath’s local expertise and reputation together with the group’s circular tyre management model, spanning retreading, rim refurbishment and fleet logistics, already established across the Nordics and Poland.
Redpath Tyres has been operating in Scotland for 52 years from 11 locations, while employing approximately 90 people. Redpath Tyres will continue to operate under its own name and with the same team: Graham, Neil and Catriona will remain involved in the business, becoming shareholders in the Citira Group.
“Redpath Tyres has earned a strong reputation across Scotland through its reliability, service quality and close relationships with the fleets and farming community it supports. That reputation provides an excellent foundation for the next stage of growth. Following our entry into the UK earlier this year, this acquisition represents a deliberate first step into the Commercial (TBR) market and the beginning of our ambition to build a national network,” says Oliver Johnson, Head of UK at Citira.
“We as a family have spent 52 years building this business and wanted to find a long-term stewardship that would continue to look after our people and customers. Citira’s plans for the business, and their track record with businesses like Tyrefix, gave me the confidence that this is the right home for the team and everything we’ve built. I’m glad our family gets to stay involved and invested as shareholders in Citira as the business grows as part of a bigger group,” says Graham Redpath on behalf of the Redpath family.
