ITD: Singapore: Tyre maker Omni United buys US distributor ITD

Singapore-headquartered Omni United has acquired US tyre wholesale distributor, Interstate Tire Distributor (ITD), for an undisclosed sum. The US firm produces tyres in partnership with manufacturers in the US, China, India and Indonesia. The acquisition will enable Omni to more than double its existing retail reach in the US market,... Read more »