Japan's Marubeni buys Tiger Wheel & Tyre owner TiAuto in landmark South Africa deal
Billionaires Africa | 10.06.2026 21:52
Japan's Marubeni Corporation has acquired TiAuto Investments, the South African company that operates the Tiger Wheel & Tyre and Tyres & More retail chains, in a deal that Bloomberg reported was valued at approximately $149 million. The transaction marks Marubeni's first entry into the African automotive parts and car maintenance market and represents one of its most significant investments in South Africa to date.
