Tag: Micheldever Tyre Services

MTS eyes mid-range opportunities as prices rise, develops e-commerce offering

Wednesday 11th October 2017 | 0 Comments

The reduced buying power of the pound is one of the few persistent themes in this period of Brexit induced flux. For the UK’s tyre distributors, it also compounds the effects of rising raw materials prices, and wholesalers must negotiate this period to help support retailers and their already slim margins.

Continue Reading

Micheldever revs up motorbike tyre sales with significant increase for 2017

Micheldever revs up motorbike tyre sales with significant increase for 2017

Monday 9th October 2017 | 0 Comments

Micheldever Tyre Services has revealed a significant increase in motorbike tyre sales during 2017. In its 40th year of selling tyres for the full range of motorcycle applications, MTS said sales had increased across its range. The company serves customers from its national warehouse network of 25 sites, fully linked for stock availability and replenishment in real-time, and its dedicated online platform BikeTyreBuyer.com. With this structure, it claims to be the only motorbike tyre distributor offering UK nationwide coverage.

Continue Reading

MTS launches ‘major upgrade’ to TyreClick

Monday 4th September 2017 | 0 Comments

Micheldever Tyre Services (MTS) has launched what it terms “a major upgrade” to its TyreClick online retail site for independent customers. The company states that the upgrade represents one of the biggest and most significant investments in TyreClick since its launch in 2014, including a number of new design and user functionality features. The tyre wholesaler added that it would “never stop investing in its ambition to make TyreClick the best tyre selling site in the business” following the implementation of the new developments.

Continue Reading

GT Radial presents 3-year development programme at European dealer event

GT Radial presents 3-year development programme at European dealer event

Tuesday 16th May 2017 | 0 Comments

Giti Tire has presented its three-year development programme for its GT Radial brand to key dealers, including UK distributor Micheldever Tyre Services (MTS). The annual PCR European Marketing Council, held in Austria, was attended by customers from across the continent. It looked at current market conditions, future trends, product development and marketing direction, including the brand proposition across advertising, point-of-sale and online activities, comprising the brand website and social media.

Continue Reading

SRI’s acquisition of Micheldever completed

Monday 13th February 2017 | 0 Comments

Sumitomo Rubber Industries, Ltd. (SRI) has completed its acquisition of Micheldever Group Ltd., having purchased 128,787 shares from Graphite Capital Management LLP – an enterprise value of £215 million. Upon the transaction’s closure, SRI owns a business that generated sales of approximately £320 million in the last financial year and is the holding company of Micheldever Tyre Services Ltd, an operation that employs 1,574 people and sells some 6 million tyres a year.

Continue Reading

Giti Tire extends UK exclusive distribution agreement with Micheldever

Giti Tire extends UK exclusive distribution agreement with Micheldever

Monday 23rd January 2017 | 0 Comments

Giti Tire and Micheldever Tyre Services (MTS) have signed a renewed three-year exclusive distribution agreement, extending the wholesaler’s UK supply rights for GT Radial and Runway in the passenger car, 4x4 and light truck tyre segments. The relationship between the companies began in 2010, and under the terms of the deal MTS will continue to develop the GT Radial Performance Centres (GTPCs) whilst simultaneously promoting Runway across its larger independent network.

Continue Reading

Micheldever management comment on Sumitomo sale

Micheldever management comment on Sumitomo sale

Tuesday 17th January 2017 | 0 Comments

On 5 January, Micheldever announced that it was being purchased by Sumitomo Rubber Industries of Japan (the company behind Falken, one of Micheldever’s key exclusive brands). While it was no surprise that the business had been sold, the idea that Sumitomo would be the successful bidder was not widely foreseen. With Micheldever having grown into a leading position in the UK wholesale sector with a multi-brand, independent retailer-focused strategy, the acquisition raises many questions for the business’s staff, suppliers and customers. With this in mind, a week after Sumitomo’s purchase Tyres & Accessories met with Micheldever managing director, Duncan Wilkes; wholesale director, Alan Baldwin; and wholesale marketing manager Rory Carlin to find out more about the background to the deal.

Continue Reading

Micheldever reports record General Tire sales in 2016

Monday 9th January 2017 | 0 Comments

Micheldever Tyre Services (MTS), the exclusive General Tire distributor for England, Scotland and Wales, and the largest General Tire dealer in Europe, has reported record sales of General Car, Van and 4x4 tyres in 2016. Sales volumes for the General Tire brand in 2016, increased by more than 50 per cent for MTS and the company saw many of its individual General Tire dealers experience record sales of their own.

Continue Reading

Sumitomo MTS acquisition ‘ensures continuity’ of management, brand strategy

Sumitomo MTS acquisition ‘ensures continuity’ of management, brand strategy

Thursday 5th January 2017 | 0 Comments

Sumitomo Rubber Industries’ (SRI) £215 million acquisition of the Micheldever Group from Graphite Capital, including Micheldever Tyre Services (MTS), the UK’s second largest distributor of tyres, “ensures continuity” of the management and multi-segment brand strategy, according to MTS chief executive Duncan Wilkes. The move also extends the trend of tyre manufacturers buying into – or indeed buying back into – retail through the acquisition of the UK’s largest chains. In April 2016, Tyres & Accessories pointed out that Micheldever’s Protyre chain was the largest growing in the annual survey of the market’s retail landscape – a factor that will have informed the purchase – and three of the top five (Michelin’s ATS Euromaster and Goodyear Dunlop’s HiQ franchise chain) are now manufacturer controlled.

Continue Reading

Sumitomo Rubber Industries to acquire Micheldever Group

Sumitomo Rubber Industries to acquire Micheldever Group

Thursday 5th January 2017 | 0 Comments

Japan’s Sumitomo Rubber Industries, Ltd. has announced its intended acquisition of Micheldever Group Ltd. from Graphite Capital Management LLP. for an enterprise value of £215 million. The tyre maker states its decision to purchase Micheldever is closely linked to the aim of strengthening the market position of its Falken tyre brand in the UK.

Continue Reading

Micheldever renews The Parts Alliance supply deal in £8 million agreement

Tuesday 11th October 2016 | 0 Comments

The Parts Alliance has announced that Micheldever Tyre Services Ltd has renewed is supply with the firm for a third term. The new contract, worth in excess of £8 million, will run until the end of 2018 and appoints The Parts Alliance for the supply of all vehicle parts, covering Braking, Steering and Suspension, Emission and Service Repair products. Mark Harley, retail operations director for Micheldever Tyre Services Ltd, said: “The Parts Alliance has the largest network for automotive parts distribution. They supply a full range of OE Quality products, deliver hourly to our centres which is vital to our business and has helped us provide our customers with outstanding service.”

Continue Reading

General Tire launches new Grabber AT3 and Grabber X3 tyres

General Tire launches new Grabber AT3 and Grabber X3 tyres

Wednesday 14th September 2016 | 0 Comments

General Tire, which is part of the Continental group of brands has launched two new 4x4 tyres. The Grabber AT3 and Grabber X3 tyres are aimed at the on/off road all-terrain segment and out-and-out off-road segments respectively and both offer significant improvements in performance compared with their predecessor products.

Continue Reading

Micheldever wins first Pirelli 4×4 Key Dealer award

Micheldever wins first Pirelli 4×4 Key Dealer award

Wednesday 20th July 2016 | 0 Comments

Pirelli has named Micheldever Tyre and Auto Services as the inaugural winner of its 4x4 Key Dealer of the Year award. Each Pirelli 4x4 Key Dealer Club member tyre dealer nominated a depot and was then subjected to three independently run mystery shop audits by phone. Judging took into account everything from the way a call was answered and time taken to answer, to general attitude over the phone and product knowledge.

Continue Reading

Micheldever’s Protyre retail chain is UK’s fastest growing

Micheldever’s Protyre retail chain is UK’s fastest growing

Tuesday 19th April 2016 | 0 Comments

This year’s UK tyre retail ranking shows that the fastest growing tyre retailer is Micheldever’s Protyre chain, which added some 21 branches to its network in the last year – by far the fastest growth (both in terms of branch count and growth percentage) of any tyre retailer we are tracking. Nevertheless, ETEL remains the largest overall and is also the fastest faller, with the company running 9 points of sale less than in our 2014/2015 research. However, context makes a big difference, so for more on both these stories, read on.

Continue Reading

General Tire adds news Altimax Sport sizes

General Tire adds news Altimax Sport sizes

Tuesday 15th March 2016 | 0 Comments

General Tire, Continental AG's second brand, has extended its General Altimax Sport range with the launch five new sizes. The new sizes are the 205/55R17 V Sport, which is suitable for the likes of the Citroen C4, Ford ECOSport, and Mini; 255/45R18 Y Sport, for luxury cars like the Audi A7 and A8, and Mercedes S Class; 215/40R18 Y Sport, for smaller cars, including the Citroen DS3 and Alfa MiTo. Meanwhile, the 265/35R18 Y Sport is suitable for executive cars, such as the BMW 3 Series, and Mercedes E Class; and the 275/35R18 Y Sport is ideal for the likes of the BMW 5 Series and Mercedes CLS.

Continue Reading