McCarthy Tire Service (Wilkes-Barre, PA) has announced an agreement to purchase 13 GCR Tires & Service locations and three GCR retread plants from Bridgestone Americas Tire Operations. The transaction — which would add locations in North Carolina, South Carolina and Virginia — is expected to close in mid-August. Financial terms of the deal were not disclosed.
“We are excited to expand our service network in the Carolinas and Virginia,” said John D. McCarthy Jr., president of McCarthy Tire Service. “The addition of 13 stores and three retread manufacturing plants will allow us to respond more quickly to our customers’ needs, minimizing downtime and keeping their businesses moving.”
McCarthy Tire is a family-owned and -operated company that currently has more than 50 service locations and seven Bandag retread manufacturing facilities from Georgia to New York. Specializing in fleet care, McCarthy Tire provides tires and service for commercial trucking, industrial and off-the-road customers.