Goodyear have announced that they are expanding their company-owned presence in the Midwest of the United States by purchasing Evansville, Indiana based Raben Tire Company, whose operations include over 30 commercial and consumer tyre and service locations and retread production plants.
Goodyear Snaps Up US Retreader
“The addition of Raben further expands our network and strengthens Goodyear’s ability to serve fleets,” said Dave Beasley, vice president, Goodyear North America Commercial. “Goodyear is already one of the world’s largest operators of commercial truck service and retreading centres and has nearly 800 company-owned commercial and retail tyre and auto service centres across the US and Canada.”
“We’re pleased to join the Goodyear family of industry-leading products and services and align with one of the most beloved and recognised brands in the world,” added Scott Cisney, CEO of Raben. “Like Raben, Goodyear puts customers at the centre of everything. We look forward to increasing the availability of Goodyear products when and where customers want to buy as part of Goodyear’s aligned network of distributors and retailers.”
Since 2014 Raben has been owned by affiliates of private equity firm Palladium Equity Partners, LLC.