K&M Tire, Inc., a leading tire distributor, is proud to announce it has signed a definitive agreement to acquire the Midwest wholesale distribution locations of Turbo Wholesale Tires (“Turbo”) (the former Tire Wholesalers Company, Inc. ("TWI") locations), a well-established tire supplier, wholesaler and distributor. The transaction will close on Friday, May 16, 2025.

The acquired locations are Cadillac, Kalamazoo, and Oak Park in Michigan, and Hammond, Indiana. This strategic acquisition advances K&M’s vision to become the leading and most trusted provider of tires and services in all of its geographic markets.

Both K&M and Turbo have their roots as family-owned, customer service-focused businesses, with similar values and cultures. This partnership will allow them to provide even greater value and service to their customers. K&M will partner closely with Turbo as it maintains its focus on growing its proprietary Lexani, Lionhart, and Rolling Big Power ("RBP") brands, while also continuing to operate its wholesale distribution location in Southern California.

K&M Tire is excited to welcome Turbo’s Midwest employees and customers. Cheryl Gossard, President of K&M Tire said, “We’ve had a growing interest in expanding our distribution footprint within the Midwest market. We feel that the Midwest team at Turbo Wholesale Tires fits our company culture and values and will be a wonderful addition to our team. We look forward to welcoming the Midwest Turbo employees to the K&M Tire team and servicing the customers in this area, while making them the most important people in our business.”

Operations will continue seamlessly during the transition. While the ownership is changing, the product offerings, programs and customer service will only get better.

“We are excited to be partnering with K&M Tire in this way. It is an important Turbo customer, and there are longstanding personal ties between our organizations. This deal made perfect sense for us and our people,” said Phillip Kane, Turbo CEO. “What’s more, our agreement provides Turbo with a significant, incremental growth opportunity for our proprietary Lexani, Lionhart, and RBP brands that goes well beyond the value of today’s transaction. We couldn’t be happier."

With this acquisition, K&M Tire continues to expand its network to over 40 distribution centers nationwide, reinforcing its position as one of the largest independent tire and service providers in the country.

About K&M Tire:

K&M Tire is a family-owned tire distributor with more than 40 distribution centers serving dealers in the Midwest, Central, Southwest and Northeastern portions of the United States. Founded in 1970 in an Ohio farming community, the company employs over 1,200 teammates and distributes more than 40 tire brands, including passenger, light truck, commercial truck, farm, and other tire segments. The company also offers tire equipment and accessories to its network of tire dealer customers across the United States. K&M Tire offers one of the industry’s leading associate dealer programs to its network of tire dealers under the Mr. Tire & Big 3 Tire brands. For more information, please see www.kmtire.com.

About Turbo Tires:

Since 1983, Turbo has been a trusted tire supplier, leading the industry with a keen focus and understanding of the independent tire dealer. Turbo has evolved into a national and international supplier of its proprietary Lexani, Lionhart, and Rolling Big Power brands while continuing to stay true to its service roots. For more information, please visit www.turbotires.com.

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K&M Tire Signs Definitive Agreement to Acquire the Midwest Wholesale Distribution Locations of Turbo Wholesale Tires