The Kings Road Tyres Group returns to private ownership with investment from ReSolve - Capital site

The Kings Road Tyres Group returns to private ownership with investment from ReSolve

Capital site

The Kings Road Tyres Group returns to private ownership with investment from ReSolve

The Kings Road Tyres Group (KRTG) has returned to private ownership after reaching an agreement to conclude its contractual arrangements with the Sailun Jinyu Group.

Under the leadership of managing director Adrian Bader, KRTG has secured investment and backing from ReSolve. This will allow it to return as a highly competitive player in the UK tyre distribution and services sector. In addition to their financial investment, ReSolve’s expertise will provide professional advisory services and strategic guidance to Adrian and his management team.

In re-establishing itself as an independent business, KRTG continues to be strongly supported by major tyre manufacturers. It also holds exclusive UK distribution agreements for the Fullrun TBR and passenger car ranges, Taurus, and Speedway agricultural tyres and house brand Kingstone, for implement products and tubes.

 

Adrian Bader, MD Kings Road Tyres, commented.

“ReSolve has shown great commitment and clarity in what is needed for our next stage of development and I am looking forward to a successful, long term relationship with them.”

“We are delighted to complete this transaction and are already working with Adrian Bader and his team on the next phase of Kings Road Tyres’ development.”

Cameron Gunn, Senior Partner, ReSolve

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