Les Schwab Tire Centers Inc. has acquired CMC Tire, a commercial tire dealership with 11 locations throughout Utah, Nevada and Colorado.
CMC Tire, which was founded by Michael Morast and Tommy Servine in 2014, also operates a Continental retread plant in Hurricane, Utah.
The dealership “brings particular expertise in the commercial, mining and construction fields,” according to Les Schwab officials.
CMC Tire will continue to operate as an independent business using the CMC Tire brand, under Les Schwab’s ownership.
“CMC Tire is a high-quality company with a fantastic track record and impressive growth over the last ten years,” says Les Schwab Tires CEO Mike Broberg. “We look forward to continuing that growth and achieving new things as a result of the strength of our combined team.
“We are two customer-centric brands coming together,” he adds. “We share a culture of excellent service and a commitment to supporting and creating opportunities for our employees. This is an exciting opportunity to expand our commercial business alongside our continued retail growth.”
“After 10 years of successful expansion, the time was right for new ownership”, says Morast. “With more than 70 years of its own successful growth, Les Schwab Tires has the resources and knowledge to fuel the next stage of growth for CMC."
“CMC Tires has come a long way from our beginnings,” says Servine. “A passion for better supporting trucking fleets with cost-effective tire programs designed to maximize roll time drove us to develop a special model that has been embraced by our customers.
“We’re glad to now be joining forces with a company that shares our values and will further energize our growth.”
CMC Tires has approximately 200 employees. No staffing changes are planned.
Les Schwab has 492 company stores across 13 states, making it one of the five largest tire dealerships in the United States, according to MTD research.
