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EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business

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A further step towards consolidation within Europe’s tyre wholesaling sector has been taken with the European Commission approving the sale of Reiff Reifen und Autotechnik to US private equity fund Bain Capital Investors LLC. The new owner states its intention to become a regional leader within this business.

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Related news:

  1. Fintyre platform company acquires Reiff Reifen & Autotechnik
  2. European FinTyre Distribution buys Reifen Krieg
  3. Fintyre to open London head office
  4. Buyers found for 2 more Fintyre businesses in Germany
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Fintyre platform company acquires Reiff Reifen & Autotechnik

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Further consolidation has taken place within the tyre trade, and Germany’s Reiff Reifen und Autotechnik will soon be a sister company to Italian tyre wholesaler Fintyre. London-based platform European Tyres Distribution Ltd., parent company of Fintyre, has entered into a binding agreement with Germany’s Reiff Group to acquire its tyre and car technology business area.

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Related news:

  1. EC clears Bain Capital’s acquisition of Reiff’s tyre distribution business
  2. Fintyre to open London head office
  3. Bain Capital building ‘European tyre distribution group’
  4. European FinTyre Distribution buys Reifen Krieg
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