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CORRECTED-UK's Halfords buys Universal Tyre for 15 mln stg

Fri, 19th Mar 2021 07:30

(Corrects figure in second graph to 20 from 201)

LONDON, March 19 (Reuters) - British bicycle and car
products retailer Halfords has agreed to buy motoring
services provider Universal Tyre and Autocentres for 15 million
pounds ($21 million), it said on Friday.

Universal, based in southeast England, operates from 20
sites and 89 commercial vans and specialises in tyre services as
well as general car maintenance and repairs.

Halfords is targeting having over 550 garages in the UK. The
Universal deal takes the total to 374.
($1 = 0.7184 pounds)
(Reporting by James Davey
Editing by David Goodman)

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