Best4Tires Group Acquires 1a Berlin-Tyre GmbH & Co. KG

June 15, 2022

Best4Tires Group, a Rivean Capital portfolio company, has entered into a binding agreement to acquire 1a Berlin-Tyre GmbH & Co. KG (Berlin-Tyre), a leading tire wholesaler based in Bernau bei Berlin. The acquisition strengthens Best4Tires' presence in eastern Germany and is intended to improve product availability, logistics and service quality as part of a buy-and-build strategy; the transaction is subject to competition authority approval and expected to close in July 2022.

Buyers
Best4Tires Group, Rivean Capital
Targets
1a Berlin-Tyre GmbH & Co. KG
Sellers
Michael Lehmann
Platforms
Best4Tires Group
Industry
Automotive
Location
Brandenburg, Germany
Transaction Type
Addon

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