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Mergers & Acquisitions

    • Mavis acquires Kauffman Tire's retail business

      SANDY SPRINGS, Ga. — Kauffman Tire Inc. is selling its retail business — 69 stores in Florida and Georgia — to Mavis Discount Tire in order to concentrate on its wholesale business, estimated to be among the 10 largest in the U.S.

    • Michelin, TBC combining wholesale businesses

      GREENVILLE, S.C. — Michelin North America Inc. (MNA) and Sumitomo Corp. of Americas (SCOA) have agreed to combine Michelin's wholesale distribution activities with TBC Corp.'s wholesale and retail assets into a 50-50 joint venture, to be...

    • YEAR IN REVIEW: Mergers, acquisitions

      AKRON — 2017 was one of the tire and automotive service industry's most active years ever in terms of mergers and acquisitions, according to Tire Business' analysis of transactions over the past dozen months.

    • Icahn buys 9 retail tire/auto stores in 8 states

      SOUTHFIELD, Mich. — Icahn Automotive Group L.L.C. has acquired nine more retail tire and/or automotive service locations in eight separate transactions, pushing the number of retail locations acquired in 2017 to more than 300.

    • Icahn/Pep Boys buys Seattle-based Elliott Tire

      SEATTLE — Icahn Automotive Group L.L.C. has acquired Elliott Tire & Automotive Service Inc., a Seattle-based independent tire dealership with 10 stores throughout Washington, and has more acquisitions in the works.

    • Forgeline to rep Team Dynamics wheel brand

      DAYTON, Ohio — Forgeline Motorsports L.L.C. has struck a deal with British custom wheel maker Rimstock Ltd. to become the designated North America distributor for Rimstock's Team Dynamics line of alloy racing wheels.

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