Kerr’s Tyres bought Dublin firm due to ‘uncertainty’ over EU exit
Co Antrim company Kerr’s Tyres Group has said Brexit uncertainty contributed to a decision to acquire a Dublin family-run business.
Kerr’s has snapped up Auto Tyre Services, Rathoath Vulcanising and Tyre Services from the Maher family for an undisclosed sum.
The businesses, which have been trading for 45 years, will be rebranded as Auto Tyre Services.
And Kerr’s, which is based in Antrim town, is also planning to open two new centres at Donabate in north Dublin and Ballymount in the south of the city.
The Maher family will continue as part of the management team.
Kerr’s already operates in Dublin, but the company said the deal will reduce their use of sub-contractors.
The business will now have 10 centres on the island of Ireland, including five in Northern Ireland — Antrim, Belfast, Coleraine, Newtownards and Enniskillen.
Group managing director Norman Kerr said: “This is Kerr’s Tyres second acquisition in the last six months, demonstrating the growth ambitions of the business. The Maher businesses had an excellent reputation and very experienced staff and this will secure Kerr’s geographical presence in the Leinster region.
“With the uncertainty around Brexit still to be clarified we felt more than ever we had to put a solid foundation in the area to ensure our business and that of our customers kept flowing uninterrupted.”
Meanwhile, crisps giant Tayto Group, which is based in Co Armagh, has acquired a brand of healthy snacks.
Tayto has entered a joint venture with Bite UK, which is based in Yorkshire. The Pure Bite range of snacks — including clusters made of nuts, coconuts and popped rice — will join other brands like Golden Wonder, Mr Porky and Portlebay popcorn.
The deal is the latest in a long line for Tayto, including the purchase of Co Londonderry popcorn brand Pop Notch after the company went into administration.