TBC Completes Divestiture of NTB and Tire Kingdom to Mavis

TBC Corporation says it has successfully transferred ownership of its retail portfolio to Mavis Tire Express.

By Christian Hinton
June 7, 2023

TBC Corporation (TBC) announced that it completed the divestiture of its company-owned retail portfolio to Mavis Tire Express Services (Mavis). In connection with the transaction, TBC transferred ownership and operation of 392 NTB Tire and Service Centers (NTB) and 203 Tire Kingdom Service Centers (Tire Kingdom) to Mavis.

As part of the agreement, TBC will provide wholesale and tire distribution for the combined network of approximately 2,000 Mavis retail locations.

Financial terms of the transaction are not being disclosed.

Nokian Tyres, Powdr Partner to Plant Trees

When you buy a season pass to a Powdr resort this spring, a tree will be planted on your behalf through their partnership with Nokian Tyres.

By Christian Hinton
September 21, 2023

For the third season in a row, Nokian Tyres and Powdr have joined forces to plant a tree for every 2023 and 2024 season pass sold at participating resorts. The 2023 program was announced in April and applies only to those season passes purchased during the resort’s discounted price windows.