Southern Tire Mart has reached an agreement to purchase 46 GCR Tires & Service shops and six GCR retread plants from Bridgestone Americas. Financial terms of the transaction were not disclosed.
The deal would allow Southern Tire Mart to serve more customers in markets where it currently operates, as well as expand its footprint into new regions. The GCR locations being purchased are in Alabama, Arkansas, Arizona, the Florida Panhandle, Georgia, Louisiana, Mississippi, New Mexico, Nevada, Tennessee, Texas, Utah and Virginia. They currently serve customers in the commercial trucking, off-road and agricultural industries. The shops will be transitioned from GCR to Southern Tire Mart.
Southern Tire Mart is a provider of commercial truck tires, off-road tires, and Bandag retreads that’s based in Columbia, MS and operates more than 90 commercial truck tire centers in 10 states.
Bridgestone will continue to operate more than 130 GCR locations across the United States and Canada.