National Tyres and Autocare purchase 10 Broadway branches
01 Jul 2011
>National Tyres are opening a further 10 branches this month as part of their ambitious expansion programme.
>The 10 new branches are a group acquisition from Broadway Retail Ltd.
>‘This is a very exciting development for National Tyres and Autocare’, says Alan Revie, Chairman. ‘It is a testament to the strength and professionalism of our business that we are able to expand at a time when so many retailers are contracting. It also represents a significant acceleration of our growth plans, having already added eight new branches to our network in the last 12 months alone.’
>The fitting centres, located in Battersea, Byfleet, Croydon, Grays, Henley on Thames, Kingston, Orpington, Reading, Slough and Woking bring National’s UK branch network to 240.
>The Company can also announce that they have 7 more branches in the pipeline, which they expect to be fully operational by the end of the year, bringing the branch total to 247.
>Tony Neill, CEO comments ‘We are delighted to welcome all the existing staff who have transferred across to National. Together we have a busy few months ahead as the re-signage, training and marketing programmes commence and we are all looking forward to extending the National brand and philosophy to an existing and well established customer base.’
>National will continue with their expansion strategy which commenced last summer, and continue to seek further sites in another 80 locations.