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PRESS RELEASE 15 October 2019 from TYRES4U Sydney Australia

We are very pleased to announce Tyres4U has today acquired the business of Tyre and Tube Australia Pty Ltd (TTA).

TTA has established itself as the leading specialty tyre and tube wholesaler in addition to being a substantial distributor of value tier passenger and truck tyres.

TTA owner and CEO Andrew Bloxham says the sale made sense if TTA wanted to continue providing a comprehensive package, incorporating industry best benefits. ‘Given the range of Tyres4U product portfolio, plus its considerable investment in technology, I am delighted we are becoming part of such an innovative and strategically intuitive organisation. This move will provide better opportunities for our customers. Combining the strengths of Tyres4U and TTA, whereby we believe we have the best brands and largest range in each tyre category, will provide greater value for the customers of both businesses’.

Initially TTA will continue to operate in the same manner as it does now but will be absorbed into the Tyres4U operation. This is expected to be complete by the end of November 2019.

Tyres4U is Australia’s largest independent tyre distributor. The acquisition of TTA will further strengthen its position as a major player in the industry by realising improvements in efficiency and distribution plus offering the strongest tyre range in Australia which will deliver a great outcome with an ultimate benefit flowing to our customers. Tyres4U customers who will have an even greater choice of product although the TTA products will not be available to be seen on dealer on line until the end of October 2019.

If you have any questions regarding this announcement, please send an email to: marketing@tyres4u.com.au