Expansion in Ireland’s Mid-Range Tyre Market
Following a £5 million investment in its Belfast location, Magowan Tyres is set to benefit from a huge expansion in the mid-range tyre market. A member of Group Tyre UK, the company will now distribute the Italian Stunner brand selling its Scudo and Torneo tread patterns.
Darryl Magowan Jr commented: “We have never had a mid market tyre range before and Stunner is an innovative quality brand – it is great news and there is enormous potential in Ireland.”
Magowan’s claims to be one of the biggest tyre retailers in Northern Ireland. Its Newton Abbey site has a 25,000 sq ft retail depot, 40,000 sq ft wholesale depot and 22 retail and commercial fitting bays. The company explains that its 100,000 sq ft storage space ensures that large stocks are held of all the major brands.
The company is the sole Irish distributor for Federal, Maxxis and Trayal and specialises in UHP, 4×4, SUV, agriculture and truck tyres in addition to mainstream volume tyres.
“One of the strengths of our operation is the Group multi brand tyre policy of carrying all lines and giving a prompt same day delivery service throughout Northern Ireland. We will also be extending our sales operation in the south and are currently finalising our plans for this,” explained Mr Magowan.
Group Tyre UK chairman John Church added: “We are delighted that Magowans has already made such an impact as a Group Tyre member. They have brought new standards of service to the franchised garage trade, retail businesses, fast-fit outlets and the independent sector and the addition of Stunner to the portfolio is going to hugely expand the middle market.”