Myers Industries completes sale of Myers Tire Supply to Lion Equity for $30 million
MYE•Myers Industries completes Myers Tire Supply sale
- Myers Industries sold its Myers Tire Supply North America business to Lion Equity Partners in a completed deal.
- Proceeds were set at $30 million, subject to customary post-closing adjustments for cash, indebtedness, working capital and transaction expenses.
- The divestment sharpens focus on engineered resin and composite products, reinforcing a shift toward higher-priority end markets.
