Pocklington-headquartered tyre wholesaler Bond International has acquired 75% of the shareholding of Tyrescope.
Tyrescope, described as “the future of tyre and Autocare,” is software which scans tyre tread depth from a mobile device, android or iOS, and provides users with critical information about the status of their tyres, including tread depth, issues with tracking, and tyre pressure. It also calculates when a user will need to replace their tyres.
The software and business was set up and developed by Tony Mann, who remains a 25% shareholder and Managing Director of the business.
Bond International CEO, Charlie Bond, said: “I met with Tony in 2024, and he showed me the software. I was astounded by its capabilities and the opportunities it could provide for both of our businesses.
“I could see channels where this software could be used to help businesses with tyre safety, reducing fuel costs and reducing carbon production. Once I had seen what it was capable of, I knew I had to do a deal with Tony. All of us at Bond are very excited by the product.”
Tyrescope MD, Tony Mann, said: “I met with Charlie and saw his enthusiasm, listened to his vision for the product, and knew immediately that Bond was the right business to partner with. They are highly respected in the industry and have many contacts.
“This opens up new avenues that would not have been available without them. It was a simple decision, and I am extremely excited for the future and what it will bring.”