CLOs on the Move


 
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Big O Tires

The Big O Tires story begins back in 1962, just as Americas new love affair with the automobile was hitting high gear. The market for replacement tires was exploding, and independent tire dealers found themselves struggling to compete in the face of low prices offered by major tire manufacturers​ own company stores. Big Os founding fathers were a handful of progressive independent tire dealers who decided to band together to form a tire-buying cooperative so that they could secure volume pricing and keep their customers happy. Their concept worked. In the years that followed, The Big O Tires co-op evolved into a full-fledged franchise as it continued to find innovative ways to harness the power of the collective to benefit independent dealerships and their customers. Almost a half-decade later, Big O Tires has become North Americas largest retail tire franchisor, with over 400 independently-owned and operated locations in 20 states, providing customers with a broad range of automotive services in addition to quality tires, wheels and accessories. Big O has become an industry role model admired for its innovative approach to franchising and unmatched customer loyalty ratings. In 1996, Big O Tires joined forces with one of the largest and most respected tire marketers in the nation when it became part of the TBC Retail Group, an automotive retail network comprised of some 1,200 Big O Tires, Tire Kingdom, Merchants and NTB locations spanning 40 U.S. states. Big Os reach was broadened again in 2005, when TBC Corporation was acquired by Sumitomo Corporation of America, the largest wholly-owned subsidiary of Tokyo-based Sumitomo, one of the worlds leading traders of goods and services. As Big O Tires continues to thrive and adapt to an ever-changing marketplace, it remains rooted in its humble beginnings as a proud collective of independent dealers committed to putting its customers first.

iwis

iwis is one of the worlds leading suppliers of chain system solutions for the automotive industry as well as for drive and conveyor purposes in numerous industries. What began with a bicycle chain quickly grew into a successful, likeable family business - and ultimately into a global technology leader in the field of high-quality chain system solutions and engineering service provider. By expanding our product range with high-precision stamped and bent parts as well as precision plastic parts, multi-component and composite parts, we continue to lead the automotive sector towards the future in terms of mobility and regenerative energy generation.  Our product brands JWIS, ELITE,FLEXON as well as EUROCHAIN, ECOPLUS and MEGALIFE offer suitable solutions for every quality requirement. Our team counts more than 3,000 employees working at numerous international locations: dedicated professionals working in the 3 divisions Mobility Systems, Drive Systems, and Mechatronics on development and optimization as well as in manufacturing and quality testing. For solutions that really move the world. Our goal is perfection - no more, no less.   The expertise of our engineers lies in identifying trends, developing new material and manufacturing technologies, and customized solutions. Our research and development competence center stands for innovation and partnership. This makes us a strong and reliable partner. Imprint: https://www.iwis.com/en-gb/imprint