Menu
07/05/2015
Michelin Acquires Tyre Sales Company For £50m
Michelin Tyres has purchased tyre sales company Blackcircles.com for £50 million.
The Edinburgh firm generated a revenue of £28 million in 2013 and has experienced an annual growth of around 20% per annum since 2008.
Michael Welch, founder of Blackcircles.com, said: "I'm delighted to have found in Michelin a partner who shares our passion for customer service, innovation and technology.
"The strength of the Michelin Group will allow us to underpin the multi-brand offering that we deploy in each garage, on every street corner. I am convinced that our teams, our customers, our garages and our suppliers will rapidly start to see the benefits of this partnership."
CEO of Michelin, Jean-Dominique Senard, said: "Our strategy illustrates our ambition: to be ever more innovative, efficient and proactive for our customers by offering them products and services suited to individual needs, and by simplifying the entire purchase process, from choosing their tyres to having them fitted by professionals."
(LM)
The Edinburgh firm generated a revenue of £28 million in 2013 and has experienced an annual growth of around 20% per annum since 2008.
Michael Welch, founder of Blackcircles.com, said: "I'm delighted to have found in Michelin a partner who shares our passion for customer service, innovation and technology.
"The strength of the Michelin Group will allow us to underpin the multi-brand offering that we deploy in each garage, on every street corner. I am convinced that our teams, our customers, our garages and our suppliers will rapidly start to see the benefits of this partnership."
CEO of Michelin, Jean-Dominique Senard, said: "Our strategy illustrates our ambition: to be ever more innovative, efficient and proactive for our customers by offering them products and services suited to individual needs, and by simplifying the entire purchase process, from choosing their tyres to having them fitted by professionals."
(LM)
Related UK National News Stories
Click here for the latest headlines.
09 December 2004
Ofcom reviews controls on premium rate calls
Telecoms regulator Ofcom has published its findings aimed at improving consumer protection following a review of the regulation of premium rate telephone services in the UK.
Ofcom reviews controls on premium rate calls
Telecoms regulator Ofcom has published its findings aimed at improving consumer protection following a review of the regulation of premium rate telephone services in the UK.
08 October 2004
AA cuts 1,300 jobs
Up to 1,300 jobs are to go at the AA following the motoring organisation's decision to close its service centres and some key business interests. The AA said that it would walk away from its 122 service centres – 50 of which are to be taken over Nationwide Autocentres in a new business partnership.
AA cuts 1,300 jobs
Up to 1,300 jobs are to go at the AA following the motoring organisation's decision to close its service centres and some key business interests. The AA said that it would walk away from its 122 service centres – 50 of which are to be taken over Nationwide Autocentres in a new business partnership.
05 December 2005
NTL and Virgin confirm takeover talks
Cable company NTL has confirmed that it has approached Virgin Mobile to discuss a potential merger. If the negotiations are successful, it would create a communications giant, offering internet, television and phone services, which would rival Rupert Murdoch’s dominant BSkyB.
NTL and Virgin confirm takeover talks
Cable company NTL has confirmed that it has approached Virgin Mobile to discuss a potential merger. If the negotiations are successful, it would create a communications giant, offering internet, television and phone services, which would rival Rupert Murdoch’s dominant BSkyB.
30 October 2015
Second Teen Arrested In Connection With TalkTalk Cyber Attack
A second teenager has been arrested in connection over the alleged hacking of the TalkTalk website. The 16-year-old from west London was arrested on suspicion of Computer Misuse Act offences after police searched an address in Feltham, Scotland Yard confirmed. He has been released on bail pending further inquiries.
Second Teen Arrested In Connection With TalkTalk Cyber Attack
A second teenager has been arrested in connection over the alleged hacking of the TalkTalk website. The 16-year-old from west London was arrested on suspicion of Computer Misuse Act offences after police searched an address in Feltham, Scotland Yard confirmed. He has been released on bail pending further inquiries.
29 August 2013
Two More Mobile Phone Companies Roll Out 4G Service
4G data services have been launched in London, Bradford and Leeds as O2 and Vodafone join EE in offering the new, faster, mobile service. EE launched their 4G service in October last year, resulting in claims by other mobile phone companies that EE had been given an unfair advantage.
Two More Mobile Phone Companies Roll Out 4G Service
4G data services have been launched in London, Bradford and Leeds as O2 and Vodafone join EE in offering the new, faster, mobile service. EE launched their 4G service in October last year, resulting in claims by other mobile phone companies that EE had been given an unfair advantage.
-
Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
