K&M Tire Inc. has acquired K&W Tire Inc., which is based in Lancaster, Pa., and has six distribution centers throughout New England.
The deal will finalize on Sept. 7.
K&W Tire's distribution centers are in Lancaster; Chester, Pa.; Allentown, Pa.; Claremont, N.H.; Ayer, Mass., and Beacon Falls, Conn.
K&M Tire officials say they are "excited about the opportunity to welcome K&W Tire employees and to serve its customers."
“We’ve had a growing interest in expanding our distribution footprint within the northeast market," says Cheryl Gossard, president of K&M Tire. "We feel that the team at K&W Tire fits our company culture and values and will be a wonderful addition to our team.
"We look forward to welcoming K&W Tire employees to the K&M Tire team and servicing the customers in this area, while making them the most important people in our business.”
Based in Delphos, Ohio, K&M Tire has more than 40 distribution centers in the Midwest, Central, Southwest and northeastern portions of the United States.
