Johannesburg: TiAuto Investments, one of Southern Africa’s leading automotive retail and services groups, today announced that it has entered into an agreement to partner with Marubeni Corporation, a global trading and investment company headquartered in Japan.
The transaction marks a significant milestone in TiAuto’s nearly 60-year history and positions the business for its next phase of growth across Southern Africa.
Founded in 1967, TiAuto has grown into a market-leading automotive aftermarket business, operating a portfolio of trusted brands including Tiger Wheel & Tyre, Tyres & More® and Treads Unlimited. Today, the group operates 161 stores across South Africa, Botswana, Namibia, Zimbabwe and Zambia, serving millions of motorists each year through its extensive retail, wholesale and automotive service network.
Marubeni brings extensive international experience in the automotive maintenance sector, with established operations in Asia and Latin America. The acquisition represents Marubeni’s first investment in the African automotive maintenance market and reflects its confidence in both the long-term growth prospects of the region and the strength of the TiAuto business.
Alex Taplin, Chief Executive Officer of TiAuto Investments, said:
“This is an exciting new chapter for TiAuto. We are proud of the business we have built over almost six decades and of the trusted brands, talented people and loyal customers that have contributed to our success. Marubeni’s investment is a strong endorsement of our strategy, our market position and the opportunities that lie ahead.”
Taplin added that the transaction will provide TiAuto with access to global expertise, additional resources and international best practices, while maintaining the local leadership, customer focus and entrepreneurial culture that have been central to the group’s success.
For customers, suppliers, franchise partners and employees, business will continue as usual. The company’s brands, operations and commitment to delivering exceptional service and value remain unchanged.
“Our focus remains firmly on our customers and our people,” said Taplin. “By combining TiAuto’s deep understanding of African markets with Marubeni’s global capabilities, we will be well positioned to strengthen our offering, enhance customer experiences and continue investing in the future of our business.”
The transaction is subject to customary regulatory approvals and closing conditions.
About TiAuto Investments
Established in 1967, TiAuto Investments is one of Southern Africa’s leading automotive aftermarket groups. Through its portfolio of brands, including Tiger Wheel & Tyre, Tyres & More and Treads Unlimited, the company provides tyres, wheels, batteries, automotive services and related products through a network of 161 stores across five Southern African countries.
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