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acquisitions

As a result of the uncertainty caused by COVID-19, and in an effort to keep cash on hand, Monro Inc. is temporarily halting its acquisition efforts as well as its national rebranding work to turn more of its automotive service stores into tire stores.

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Telle Tire Buys 5 Stores in Kansas City

With the purchase of a five-store business in Kansas City, Mo., Telle Tire & Auto Centers Inc. has entered a new market and completed its biggest acquisition yet.

Mavis Will Acquire 112 NTB Stores

Mavis Tire Supply Co. is buying 112 NTB Tire & Service Centers, a move that will make it the second largest independent tire dealer in the U.S.

BorgWarner Is Buying Delphi Technologies

BorgWarner Inc. is acquiring Delphi Technologies PLC in an all-stock transaction that places Delphi Technologies’ enterprise value at approximately $3.3 billion.

Les Schwab Tire Centers Is For Sale

Les Schwab Tire Centers Inc. is for sale. The Bend, Ore.-based company’s board of directors and its shareholders, who are all relatives of founder Les Schwab, have hired Goldman Sachs Group Inc. to find a buyer.