Southern Tire Mart Acquires Friend Tire from Yokohama Tire Corp.

April 4, 2023

Southern Tire Mart LLC has acquired Friend Tire Co., a wholly owned subsidiary of Yokohama Tire Corp., in a deal finalized April 1, 2023; terms were not disclosed. The acquisition adds nine distribution centers across the U.S. and gives Southern Tire Mart access to additional brands (Falken and Nexen), expanding its wholesale-distribution footprint and capabilities.

Buyers
Southern Tire Mart LLC
Targets
Friend Tire Co.
Sellers
Yokohama Tire Corp.
Industry
Transportation
Location
Missouri, United States
Transaction Type
Divestiture

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