Magna Tyres has announced the acquisition of Telescope Tyres Group, an Australian tire and service specialist with multiple branches across regional New South Wales.
The acquisition strengthens Magna’s regional presence in Parkes, Dubbo, Gunnedah and Cowra, New South Wales, while expanding its service offering by combining Telescope Tyres’ on-site, mechanical and fleet solutions with Magna’s global product portfolio. It also creates operational synergies for improved logistics, supply chain efficiency and service reliability, while maintaining local leadership to ensure customer continuity and community connections.
Telescope Tyres will continue operating under its existing brand in the near term, supported by Magna Tyres’ global resources, systems and network integration.
