SYDNEY, AUSTRALIA: National Tyre & Wheel Limited (NTAW) has executed an agreement under which its wholly owned subsidiary, NTAW Holdings (NZ) Limited, will acquire Carters Tyre Service Limited, C.O. Tire & Retreading Co Limited and Tyre Distributors New Zealand Limited (together, “Carter’s”) for a purchase price of NZ$30 million ($28.3m). The acquisition will be funded…
All posts tagged National Tyre & Wheel Limited
National Tyre & Wheel Limited to acquire TYRES 4U in Australia and New Zealand for $48.8 million
SYDNEY: National Tyre & Wheel Limited has entered into a conditional agreement to acquire the business assets of TYRES 4U (T4U) in Australia and New Zealand, a news release said. The acquisition is expected to be completed on or about 31 July 2020. The consideration payable for these assets is estimated to be $48.8 million,…