Halfords Group to acquire Universal Tyre and Autocentres for £15m.

Halfords Group, a provider of motoring and cycling products and services, agreed to acquire Universal Tyre and Autocentres, a motoring services provider in the South East of the UK, for £15m. "We have a clearly stated strategy of building a market-leading Motoring Services offer, and the acquisition of Universal is another important step forward in helping us to achieve that goal. We continue to see strong demand for our Autocentres, for our expanding fleet of Halfords Mobile Expert vans, and for our growing commercial business. Universal will help us to meet that demand whilst also expanding our geographic footprint in a market for which we see significant potential," Graham Stapleton, Halfords Group CEO.