Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Rubber Division IEC
    • ITEC
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • War in Ukraine
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • 2022 Hose & Belt Manufacturers Conference
    • 2022 International Silicone Conference
    • 2022 International Tire Exhibition & Conference (ITEC)
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
May 08, 2015 02:00 AM

Michelin acquires second Web-based tire sales firm

Tire Business Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    EDINBURGH, Scotland—Michelin has acquired Blackcircles.com, a leading Internet tire sales company in the United Kingdom, its second acquisition of an Internet-based tire sales company in a month.

    Michelin is paying $75.5 million for Edinburgh-based Black Circles Ltd., owner of Blackcircles.com, which generated $31 million in revenue in 2013.

    Micheling spent $64 million in mid-April to buy a 40-percent share of Allopneus S.A.S. of Aix-en-Provence, France.

    Run by its founder and CEO Mike Welch, Blackcircles.com has grown about 20 percent per year since 2008, in particular thanks to its “click & fit” formula, which includes the sale of the product and related services.

    “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,” said Michelin CEO Jean-Dominique Senard in a statement, “and by simplifying the entire purchase process, from choosing their tires to having them fitted by professionals."

    Welch said he was “delighted” to have found partner that “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.”

    Michelin said its acquisition of Blackcircles.com will allow it to improve the performance of its mix of distribution channels in the United Kingdom, and in particular to develop synergies with its traditional distributor, ATS Euromaster, which sells about 10 million car and van tires and 2 million truck tires annually through its outlets and a network of mobile tire fitting vans.

    Related Articles
    Michelin, RMA call for U.S. standards on rolling resistance
    Michelin offers soil compaction reduction tips
    Michelin's sales increase 5.6 percent in first quarter
    Francois Michelin dies at 88
    Michelin's incubator program expands business
    Michelin forms JV to foster eco-friendly NR
    Michelin loan program celebrates milestone
    Michelin adds second Premier tire line
    Cadillac sedan to use Michelin's Pilot Super Sport tire
    Michelin reports increased revenue in first half
    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Updated: Conti fined for compound mixer explosion, shears accident
    2
    Michelin worker dies at Nova Scotia tire plant
    3
    Denka requests weaker chloroprene classification, but EPA won't budge
    4
    Datwyler to acquire QSR from Q Holding
    5
    Cooper-Standard losses widen in Q1, continues 'aggressive' recovery
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News China
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • News
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Rubber Division IEC
      • ITEC
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • War in Ukraine
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • 2022 Hose & Belt Manufacturers Conference
        • 2022 International Silicone Conference
        • 2022 International Tire Exhibition & Conference (ITEC)
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
    • Advertise
    • DIGITAL EDITION