FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice

28th December 2018 | 0 Comments
 
FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice
With this latest acquisition, European Fintyre Distribution becomes a leading player in the European tyre sector with a total turnover of 1.2 billion euros (of which 740 million in Germany alone)

European FinTyre Distribution (EfTD) has signed a binding agreement to acquire two key players in the German tyre market: RS Exclusiv Reifengrosshandel GmbH and TyreXpert Reifen + Autoservice GmbH. As a result of the acquisition EfTD now has a total turnover of 740 million euros in Germany and project annual unit sales of 8.5 million tyres.

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