Bridgestone takes majority share in Slovakia’s A.R.S.

23rd November 2015 | 0 Comments
Bridgestone takes majority share in Slovakia’s A.R.S.
A.R.S. operates eight service centres and a retreading facility

Bridgestone has acquired a majority shareholding in Slovakian tyre retailer and retreader A.R.S. spol sro. The Japanese tyre major hasn’t disclosed how much it paid for its shareholding or what the post-transaction ownership structure of A.R.S. looks like, however it states that the deal will “guarantee the stable growth of A.R.S. and will give customers access to best quality products and highest level of services.” The former Michelin strategic partner’s eight service locations will now be rebranded under the ‘Bridgestone Partner’ name and its retreading operation joins Bridgestone’s Bandag network.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: , , , , , , , ,

Category: Company News, International News

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]