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  6. Turbo Wholesale Tires Acquires Tire Wholesalers

M&A Deal Summary

Turbo Wholesale Tires Acquires Tire Wholesalers

On June 5, 2023, Turbo Wholesale Tires acquired distribution company Tire Wholesalers

Acquisition Highlights
  • This is Turbo Wholesale Tires’ 1st transaction in the Distribution sector.
  • This is Turbo Wholesale Tires’ 1st transaction in the United States.
  • This is Turbo Wholesale Tires’ 1st transaction in Michigan.

M&A Deal Summary
Date 2023-06-05
Target Tire Wholesalers
Sector Distribution
Buyer(s) Turbo Wholesale Tires
Deal Type Add-on Acquisition

Target

Tire Wholesalers

Oak Park, Michigan, United States
Tire Wholesalers is a tire distributor in the Midwest. TWI operates out of five locations, including three in Michigan, one in metro Chicago, and one in Salt Lake City, Utah. TWI was founded in 1970 and is based in Oak Park, Michigan.

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Buyer(S) 1

Buyer

Turbo Wholesale Tires

Irwindale, California, United States
Category Company
Founded 1983
Sector Distribution
DESCRIPTION

Turbo Wholesale Tires is a is a designer, supplier, and wholesaler of proprietary and third-party branded tires. Turbo’s proprietary-owned brands include Lexani, Lionheart, and RBP. Turbo Wholesale Tires was founded in 1983 and is based in Irwindale, California.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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