Expanding Horizons: OGH’s Latest Venture
Oak Group Holdings (OGH), a prominent name in the tyre industry, has recently made a significant move by acquiring Ostles Scotland Ltd, a well-established tyre and exhaust centre. Founded in 1987, Ostles has not only cemented its status as a leading retailer in Galashiels but has also expanded its distribution network across The Borders. This acquisition is a strategic step for OGH, enhancing its distribution footprint in the area and diversifying its market approach.
Ostles Scotland Ltd: A Legacy of Excellence
Ostles, a long-time collaborator with Oak Tyres and Davanti Tyres, has built a formidable reputation over the years. Known for its exceptional service and expertise, the company has become a trusted name in the local community. Stuart Ostle, the owner of Ostles Scotland Ltd, expressed his pride in the company’s history and is optimistic about its future under OGH’s stewardship. His remarks highlight a seamless transition, marked by a dynamic and transparent acquisition process.
A Union of Shared Values and Expertise
Larry Cross, the managing director of Oak Group Holdings, expressed enthusiasm about the new addition to the OGH family. He emphasized the alignment of values between Ostles and Oak, particularly their shared commitment to independent, family-run operations and a focus on customer service. Cross also noted the crucial role Davanti plays in Ostles’ business and anticipates further growth and service enhancements in the Scottish borders, leveraging Oak’s distribution strengths.
Oak Tyres and Davanti Tyres: The Backbone of OGH
As the parent company of Oak Tyres and Davanti Tyres, OGH has a rich history dating back to 1980. Initially a retail tyre business in the North of England, Oak Tyres has evolved into a leading wholesaler with extensive warehouse facilities across various locations. The creation of Davanti in 2015 marked a significant milestone, introducing a tyre brand with top-notch EU labelling scores and premium performance for the mid-range customer.
A Bright Future Ahead
The acquisition of Ostles Scotland Ltd by Oak Group Holdings is more than just a business transaction. It’s a fusion of expertise, values, and visions, aimed at enhancing service offerings and strengthening market presence. As OGH continues to grow and adapt to the evolving needs of the tyre industry, this latest venture promises to be a key driver in its journey towards greater success.