Bridgestone has acquired mobile automotive service provider, Lube Mobile Pty Ltd
The transfer of ownership takes effect from 1 August 2019.
According to Lube Mobile CEO, David Sayer, the deal with Bridgestone ensures the company remains in safe hands in the future.
“Lube Mobile and Bridgestone are both industry leaders, automotive icons and share many of the same values,” said Mr Sayer.
“We are excited to become part of this professional, iconic, globally recognised group who share our commitment to customer service and innovative mobile solutions.
“I am confident that Lube Mobile will continue to grow under Bridgestone’s ownership and remain Australia’s favourite mobile mechanical service provider.”
Bridgestone is the leading tyre company in Australia, and operates company owned stores, as well as the franchised Bridgestone Select and licensed Bridgestone Service Centre locations throughout the country.
The company says the addition of Lube Mobile will be complementary to the Bridgestone network’s existing tyre and automotive servicing model.
“We’re excited by the purchase of Lube Mobile. The company has a proven track record, a sound reputation for its auto service offerings, and is complementary to our business,” said Stephen Roche, Bridgestone Australia & New Zealand Managing Director.
“There is a strong alignment between Lube Mobile’s business model and Bridgestone’s global focus on enhancing mobility solutions. That’s why Bridgestone’s acquisition of Lube Mobile will strengthen both businesses, and ultimately, benefit our customers.
“Bridgestone’s mission is ‘Serving Society with Superior Quality’, and we feel that the purchase of Lube Mobile allows us to continue to enhance our service offerings in order to continue meeting customers’ expectations into the future,” he added.
Lube Mobile will continue to operate under its own brand, as an independent business unit of Bridgestone.