Bauer Built Announces Acquisition of the Tire Division of Allied Oil & Tire
DURAND, Wis…Tad Bauer, President of Bauer Built, Inc. of Durand, Wis. announces the acquisition of the commercial tire division of Allied Oil & Tire Company effective April 1, 2019. Allied, headquartered in Omaha, NE, was founded over 60 years ago in 1958 by Conrad Heinson. The acquisition includes commercial tire centers in Omaha, NE; Kansas City and Joplin, MO; Wichita, KS; Des Moines, IA; Sioux Falls, SD; and Sioux City, IA.
It also includes a Michelin Retread Technologies (MRTI) retread plant and a wheel-refinishing operation both in Omaha. With the divestiture of the tire business, Allied Oil will focus on expansion of their lubricants business and Industrial Services division. The name will revert back to Allied Oil & Supply, Inc. with 100% ownership by the Conrad Heinson family.
Bauer commented that the acquisition was a perfect fit for Bauer Built. Allied was primarily a commercial tire dealer, which is the focus of Bauer Built. Allied offered its customers many of the same products as Bauer Built does. Geographically, the acquisition helped Bauer Built strengthen its current position in existing markets, fill some voids in its current footprint, and provided some expansion into new areas. It will continue to allow Bauer Built to expand services to its growing customer base.
Bauer Built will be retaining almost 90 employees from Allied and hiring a few more. When things settle down, Bauer estimates that the company will be adding approximately 100 people to its existing 500 for a total employment force of approximately 600 people.
Bauer Built, founded in 1944 by G.F. “Sam” Bauer, will be 75 years old on April 18, 2019. The original business was a bulk petroleum business but shortly after, in January 1945, the company began selling tires and related services. With the Allied acquisition, Bauer Built now has 40 Tire and Service Centers, 8 MRTI plants, and 3 wheel-refinishing operations, spread across 10 Midwest states. They also continue to operate the bulk petroleum business referred to as Bauer Built Oil out of their headquarters in Durand.
For more information, contact:
Tad Bauer, President
Bauer Built, Inc.
1111 W. Prospect Street
P.O. Box 248
Durand, WI 54736