close
close

Tyre wholesaler expands in Scotland with double acquisition

Tue, 02 Jul 2024 | COMPANY SALE

Tyre wholesaler expands in Scotland with double acquisition

Yorkshire-based tyre wholesaler Bond International has expanded its reach and operations in Scotland with the acquisition of tyre distributors Easityre Limited and Fife Autocentre Limited to continue its growth strategy north of the border.

The deals follow the company’s acquisition of Pocklington-based Spring Distribution (Scotland) Limited and its 200,000 sq ft warehouse in Bathgate in April 2024. In January, the company also acquired two other Scottish businesses, Glasgow-based Stepgrades Motor Accessories Limited and Inverness-based Birkenshaw Distributors Limited, as part of a triple acquisition from Halfords Group.

Following the recent acquisitions, Scott Meechan from Easityre will join Bond International as Managing Director in Scotland. Brian Meechan, CEO of the acquired businesses, will also remain with the company, providing support and expertise to the combined business in Scotland.

Bond International CEO Charlie Bond said both companies were “major players and highly respected within the tyre industry in Scotland” and that Bond International had a strong, long-standing relationship with Brian and Scott Meechan.

He continued: “When the board outlined their plans to expand into Scotland, it was only logical to contact them and discuss the deal. Brian and Scott have extensive knowledge and experience of the tyre industry in the region and have established strong relationships with many customers.”

“It was therefore important to us that both Brian and Scott remained in the business and it made perfect sense to appoint Scott as Managing Director of Bond International in Scotland.”

Brian Meechan commented: “We believe this is a good solution for both businesses and will provide an improved service and product range for all our Scottish customers. It will also create a number of opportunities for our staff, which will be key to our continued success.”

“We have had a long association with Bond International, initially with Reg (Charlie Bond’s father) and more recently with Charlie, who has taken the company in a new direction and after hearing his vision for the future, this sealed the deal.”

Keeping key data on board can be a valuable step in ensuring successful post-transaction integration

Share this article