Finnish Nokian Renkaat buys tyre retailer in U.S.

Newswire

HELSINKI, Oct 26 (Reuters) - Finnish tyre maker Nokian Renkaat said on Friday it had bought a small U.S.-based tyre retailer Goss Tire Company to enter the North American retail business. Nokian Renkaat, which is one of the most profitable tyre firms because of its focus on winter tyres, has its own retail business across Northern Europe and in Russia. "The acquisition enables Nokian Tyres to increase its tyre sales and to have access to the consumer sales in the U.S. market," Seppo ...

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