K&M Tire Inc. has purchased Area Wholesale Tire Co.'s assets in Texas. This includes the Louisiana company's warehouse operations in Dallas, Houston and San Antonio.
The purchase, effective Sept. 15, 2014, includes tire inventory, assets and a customer list. The three warehouses will be combined with K&M Tire’s existing operations in those cities. San Antonio will be a new market for Delphos, Ohio-based K&M Tire.
"We welcome all of Area Wholesale Tire’s Texas employees and customers to our team,” says Vice President Cheryl Gossard. "We are looking forward to growing our business in Texas with them.
"Customer service is our number one priority, so it is extremely important for us, and we will be working closely with everyone involved to ensure a seamless transition. We want to make sure that all of our customers receive the top notch service we feel they deserve and have come to expect from K&M Tire.”
Baton Rouge-based Area Wholesale Tire will continue to operate its warehouses in Louisiana and New Mexico.
K&M Tire operates 17 warehouses in 11 states servicing tire dealers in more than 20 states. The company distributes approximately 20 brands of passenger and light truck tires, 12 brands of truck tires, and 10 brands of farm tires.
The company says it will continue to look for growth opportunities throughout the Midwest, Great Plains and South Central United States.
