Portugal’s Mega Mundi joins point S
On 18 December, point S Development and Portuguese independent tyre dealer network Mega Mundi announced the signing of a partnership agreement. Under the terms of the agreement, point S Development becomes stakeholder in Mega Mundi and both retail networks will merge together under the point S banner. This combination of Mega Mundi’s 50 outlets and the existing 24 point S centres in Portugal will form the largest retail tyre network in Portugal, with 74 points of sale and complete national coverage. According to point S, the newly formed network will make the most of synergies in terms of purchasing, marketing and fleet business, and will benefit from point S international’s know-how and retail image as well as Mega Mundi’s 15 years’ knowledge of the Portuguese market.
The point S network of independent tyre dealers currently covers 27 countries and contains more than 3,000 outlets. Some 16 million tyres are sold through the network each year.