Conti buying Austrian tire dealership Reifen John

Salzburg, Austria – Continental AG has agreed to purchase Reifen John GmbH & Co. KG, a family-owned tire dealership with 32 outlets throughout southern Germany and Austria.

Financial terms of the deal, which still is subject to government oversight, were not disclosed.

Reifen John’s 11 outlets in Bavaria will operate under the auspices of Conti’s Vergölst tire and auto service network while the 21 stores in Austria will become part of the tire maker’s Profi Reifen & Autoservice chain there. The stores are expected to retain the…

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