ARMTEK <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 <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.