GREENWOOD VILLAGE, Colo. — Leeds West Groups (LWG) is acquiring a pair of Big O Tire stores in Kentucky and one in Ohio currently operated by Ed Reynolds, a franchisee based in Florence, Ky.
The deal will expand LWG's holdings to 104 retail stores nationwide, including 26 Big O Tires locations and 74 Midas International and/or Speedee stores.
The three stores — in Georgetown and Lexington, Ky., and Hamilton, Ohio — are operated by Big OKI L.L.C., a division of Eagle Finance Services Inc.
LWG said it assume ownership and control of these locations Aug. 1, and plans to keep all of the stores' employees. Financial details are not being disclosed.