By Kathy McCarron, Tire Business staff
ROCHESTER, N.Y. (July 23, 2015) — Monro Muffler Brake Inc. has acquired the four locations of Windsor Tire Co. Inc. in Norwood, Mass., and expects to close on the purchase of 27 Kost Tire & Auto Care locations in central New York and Pennsylvania in mid August.
The four Massachusetts stores — which operated as Windsor Tire in Norwood and Stoughton, and Mass Tire in Brockton and Canton, Mass — are being rebranded as Monro Muffler Brake & Service outlets.
The Kost Tire locations will be rebranded as Mr. Tire stores, allowing the company to fill in existing markets where it already operates Monro Brake & Tire locations, Monro said.
This acquisition “significantly increases Monro's market share in these markets, demonstrating the advantages of Monro's two-brand strategy,” the company said.
The 31 acquired stores are expected to add about $31 million in annualized sales, Monro said, with a sales mix of 60 percent service and 40 percent tires.