Northern Ireland owned family business Modern Tyres, with the support of AIB (NI), has completed a multi-million Euro acquisition of BestDrive Ireland, the Irish retail division of Continental Tyres.
Speaking about the acquisition, the Byrne family said; “We pride ourselves on delivering a top-class service whilst being progressive with a vision for the future. This investment reflects that vision and significantly expands our reach across the island of Ireland. We value long-term relationships and high standards of customer service, and we look forward to building upon this further with our customers, suppliers and colleagues in our new locations.
“Having banked with AIB for over 45 years, we are grateful for their support in this acquisition and the partnership approach they adopt. With their ongoing engagement, we are well placed to continue our focus of building a sustainable business with customers at its heart.”
Mark McKeown, Corporate Manager, AIB (NI) added: “Modern Tyres is a great example of a local business that continues to push boundaries, drive change and demonstrates the results of a strong commitment to the communities in which it operates. From maintaining emergency vehicle fleets across the island to helping neighbours and families maintain their cars, the company plays an important supporting role in many communities and sectors. We are proud to support the business and their continued growth ambitions as they strengthen their operations across the island of Ireland.”