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North Eastern Tyre & Exhausts
North Eastern Tyre & Exhausts, the Middlesbrough-based tyre retailer with 360 staff, has been acquired by Stapleton's Tyre Services for undisclosed terms.
North Eastern Tyre & Exhausts is investing £2m in the expansion of its warehousing in Stockton and Leeds.
North Eastern Tyre & Exhausts is planning to expand its chain of seven retail outlets across the North East and Yorkshire, with the creation of about 300 jobs over the next two years.
North Eastern Tyre & Exhausts is to open a new £2m car servicing centre near Harrogate early next year.