PHILADELPHIA (Sept. 9, 2016) — Pep Boys - Manny, Moe & Jack has acquired 17 Discount Tire Centers in Southern California from AKH Co. Inc. and will reopen them this week under Pep Boys Service & Tire Center store identification.
The 17 stores acquired are in the greater Los Angeles market, from Bakersfield to Orange County, Pep Boys said. Financial terms of the deal were not disclosed.
Prior to this deal, Anaheim, Calif.-based AKH Co. Inc. listed 55 stores throughout Southern California, including 10 or so that are affiliate stores.
The dealership did not comment on the deal or its plans following the divestiture.