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Halfords buys Universal Tyre in £15m deal

Halfords aims to own over 550 garages in the UK
Halfords aims to own over 550 garages in the UK

British bicycle and car products retailer Halfords has agreed to buy motoring services provider Universal Tyre and Autocentres for £15m. 

Universal operates from 20 sites and 89 commercial vans and specialises in tyre services as well as general car maintenance and repairs. 

Halfords is targeting having over 550 garages in the UK. 

The Universal deal takes the total to 374.