ARMTEK &lt;ARM> UNIT LEVERAGED BUYOUT COMPLETED

  Condere Corp, formed by former
  managers of Armtek Corp, said it completed the acquisition of a
  tire plant and other assets of Armtek for undisclosed terms.
      In addition to a tire manufacturing plant, Condere bought
  S. and A. Truck Tire Sales and Service Corp, which operates 51
  Sears Truck Tire Sales and Service Centers through a licensed
  agreement with Sears Roebuck and Co &lt;S>.
      The plant will supply tires to Armtek's Armstrong Tire Co
  as well as to several Sears Centers. Condere said it expects
  first year revenues to be 90 mln dlrs.
  

