OKLAHOMA CITY — Love's Travel Stops & Country Stores Inc. continues to add to its portfolio, reaching an agreement to purchase Speedco Inc., a Bridgestone Americas Inc. commercial tire and service lube business.
Once the acquisition — which is subject to regulatory approvals and other closing conditions — is complete, Love's will add 52 trucking service and lube locations to its network, increasing the number of Love's-operated tire service and lube facilities to 323.
The transaction price was not disclosed.
"The Speedco organization shares our commitment to providing reliable, high-quality and convenient services to truck drivers and fleets across the country," said Tom Love, founder and executive chairman for Love's. "The addition of the Speedco locations to Love's is an important step in continuing to provide the highest standard of service to the trucking industry."