BRIDGESTONE EUROPE TO ACQUIRES GROUPE AYME

Time: Jan 23th  2017   Copy editor: Tyrefull

Bridgestone Europe entered into an exclusivity agreement with the shareholders of Groupe Ayme for the acquisition of the largest independent tyre specialist in France.

This acquisition will add 104 points of sale in France under the “Côté Route” brand. As a result, the Bridgestone retail network, consisting of First Stop, Speedy and Côté Route, will have more than 900 points of sale.

The finalization of the transaction is subject to information and consultations with the social partners as well as competition authority clearance, informed Bridgestone Europe.

“This proposed acquisition will support Bridgestone’s retail vision to become the most trusted provider of tyre and automotive services in every business segment it serve. It will also allow Bridgestone to get closer to the market and gain a better understanding of end-users which is essential to continue building a leading position in the market,” ,” said the Japanese tyre company.

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