News

Acquisitions Boost Monro's 3Q Results

New store sales accounted for 6.4% of Monro Inc.'s net sales in its third quarter ended Dec. 29, 2018. That boost helped the company register an 8.5% increase in total sales versus the same period last year.

News

Coker Group Acquires 2 Wheel Brands

The Coker Group is acquiring PS Engineering and Vintage Wheel Works. Coker Tire will become a distributor of both brands, giving customers the company's first aluminum wheel offerings in its catalog and online.  

"I wanted to be highly selective in finding a new owner," said Mark Defer, who recently sold his dealership to Tire Source.
News

Ohio's Tire Source Acquires Its 6th Store: Defer Tire

The Tire Source has expanded its five-store dealership in northeast Ohio with the purchase of Defer Tire in Streetsboro. The addition gives the company six stores in Medina, Montrose, North Canton, South Canton, Belden Village and Streetsboro, respectively.

News

Pep Boys Acquires a Store in Connecticut

The owners of Precision Motors, an independent auto repair and tire store in Mystic, Conn., have retired and sold their business to Icahn Automotive Group.

News

Border Tire To Buy Remaining TCi Locations in California

Border Tire LLC will double its number of commercial tire locations when it acquires five Tire Centers LLC (TCi) stores from Michelin North America Inc. in California. The Texas-based dealer also is buying its second retread plant.  

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