On December 18th, Point S Development, the international Point S headquarters, and the Portuguese independent tyre dealer network Mega Mundi have announced the signature of a partnership agreement. Under the terms of the agreement, Point S Development becomes stakeholder in Mega Mundi and both retail networks are merged together under the Point S banner. As a consequence, the 50 Mega Mundi outlets and the Point S 24 outlets form the largest retail network in Portugal with 74 Points of sale and a complete national coverage. The newly formed network will make the most of synergies in terms of purchasing, marketing and fleet business benefiting from the Point S international know-how and retail image as well as Mega Mundi’s 15 years knowledge of the Portuguese market.
Point S is an international independent network of tyre dealers present in 27 countries worldwide with over 3,000 locations and selling 16 million tyres a year.