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Blog Details
Bond International Enters Into Tyre Software with Tyresoft Ltd. Acquisition
- 01, May, 2025 at 12:00:00
- John Doe
Bond International, an established name in the UK tyre industry, has acquired Worcester-based Tyresoft Ltd., one of the country's most recognised tyre software providers. The deal effectuates Bond's foothold in the UK's tyre software market.
Founded in 2011, Tyresoft Ltd. quickly rose to eminence because of its unique business approach, which offered an "all-purpose complete management system" to the tyre and automobile industries. Marcus Hathaway, the company’s founder, provided groundbreaking solutions to harmonise tyre sales, systematise tyre stock, and strengthen overall tyre business operations.
The acquisition strongly indicates Bond’s tactical focus on top-notch infrastructure after escalating its delivery and warehouse capabilities to cover 96% of the UK with same-day service. Bond International's CEO, Charlie Bond, described the deal as “historic” in the company's long-term growth strategy.
Bond talked about his company's significant achievement in building a nationwide delivery network; he also added that his company's vision is to gain success in the system development sector, where Tyresoft, as a partner, will play a vital role in upscaling its operations.
Hathaway, too, lauded the agreement between the two organisations. He exemplified the new journey as a "thrilling opportunity" for the customers. Marcus Hathaway praised Bond International's commitment to quality and innovation and added that the company's values synchronise perfectly with Tyresoft’s ambitions.
As part of the accord, Hathaway will soon join Bond International’s Board of Directors as the Director of Systems Development. He will also continue to guide Tyresoft’s software management and direction. On the other hand, Oliver Russell will join Tyresoft as its Managing Director.
Last month, Bond International acquired yet another leading tyre brand: Tyrescope. This undoubtedly signals Bond’s business strategy to incorporate high-end digital solutions into the core of its tyre-related operations. By affiliating with giant market leaders in the tyre software space, Bond is diversifying its operations to optimise business efficiency, customer value, and new-age innovation.
