On Monday, the Durand, Wis.-based Bauer Built took over Hanson Tire's original headquarters in LeRoy along with a location in Preston. While the center will eventually change names, they will remain under the Hanson Tire name for now.
"Our normal trend is to transition places we acquire over to the Bauer Built name sooner than later, but we're keeping these as Hanson Tire for a while," Bauer says. "They've been a very successful business, since 1953."
Almost all of Hanson's 20 employees are staying on under the new owner. Former owners Randy Eastvold and Greg Rollins, along with Ron Eastvold, are helping with the transition.
Bauer declined to discuss the financial terms of the acquisition.
These additions bring the tally of Bauer Built tire centers to 31, including ones in Rochester, Red Wing and Albert Lea. They also have seven Michelin retread plants, three wheel refinishing facilities and a bulk petroleum operation.
A second generation, family-owned business, Bauer Built was founded by Sam Bauer in 1944.
Why add the LeRoy and Preston centers to the company's extension portfolio of facilities?
"We are always looking for going concerns that are profitable. They have many comparable products and they are very strong in agriculture," he says. "They will help us grow in that area."
Another reason is obvious from a quick look at the map. Bauer has locations surrounding the new additions.
"Geographically, they will fit in well and fill in some voids for us," he says.
This deal does not have any links to Hanson Tire of Austin, which has a different owner. The same is true of the Hanson Tire in Albert Lea, which has another owner.
Hanson Tire, started by Don and Donna Hanson in 1958, grew to 11 stores at one point. It was then recognized as the largest tractor and truck dealer in the nation.
There was once a Hanson Tire location in Rochester, but no longer.