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TBC Buys ‘Licensed’ Tires Plus Locations

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In a news item on this site yesterday, Tire Review mistakenly reported that TBC Corp. had acquired nearly 20 retail stores from Bridgestone Americas.

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The stores – 15 in Minnesota, five in Wisconsin and one in Illinois – were not Tires Plus locations owned by the tiremaker. They were privately owned Tires Plus locations “licensed” by Bridgestone Americas.

Bridgestone Americas still owns several Tires Plus locations in all of the cities involved, part of the Morgan Tire & Auto operations in which it acquired majority interest in 2001.

TBC Corp. purchased the 21 locations earlier this week in separate transactions, and immediately converted them over to National Tire & Battery stores.

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