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Citira Acquires Tyrefix, Expanding UK Tyre‑Repair Footprint

PE Hub •
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Literacy Capital has sold its portfolio company Tyrefix Group to Citira, a Northern European tyre‑management provider backed by Norvestor. The transaction, announced by PE Hub, will see the deal close in early February 2026. Tyrefix supplies tyre repair and replacement to the UK plant market for industrial operations across sites.

The sale removes a niche player from Literacy Capital’s portfolio, allowing the firm to redirect capital toward higher‑growth sectors. For Citira, acquiring Tyrefix strengthens its presence in the UK, a key market for plant tyre services. The move positions the company to capture rising demand for on‑site repair solutions in.

Deal completion is slated for early February 2026, giving stakeholders time to integrate operations. Investors will watch how Citira leverages Tyrefix’s established client base to scale its service network. Analysts expect the acquisition to boost Citira’s revenue by an estimated 10‑15% once synergies materialise in the coming quarter of 2026.