Carlyle and Old Mutual Private Equity announce sale of Tiger Wheel & Tyre to Japan’s Marubeni

Carlyle, advised by Alterra Capital Partners and working in partnership with Old Mutual Private Equity (OMPE), has reached an agreement to sell TiAuto Investments to Japan’s Marubeni Corporation . TiAuto is a leading retailer and wholesaler of tyres, wheels, batteries, and other automotive products, operating under its well-known Tiger Wheel & Tyre and Tyres & More brands. Growth Under Carlyle and OMPE During the period of Carlyle and OMPE’s ownership, TiAuto evolved from a respected South Afric