The Big Get Bigger: Monro Adds 31 Ind. Dealer Stores - Tire Review Magazine

The Big Get Bigger: Monro Adds 31 Ind. Dealer Stores

Monro Muffler Brake Inc. continued its growth-by-acquisition strategy by taking up another 31 independent tire dealer locations.

Earlier this week, Monro announced that it had definitive agreements to buy 27 Kost Tire & Auto Care centers in central New York and Pennsylvania, and four Windsor Tire Co./Mass Tire stores.

Binghamton, N.Y.-based Kost Tire has 51 total stores; there was no word as to what will happen to the remaining 24 locations. Monro intends to rebrand the 27 Kost Tire locations to Mr. Tire stores.

Windsor Tire/Mass Tire, based in Norwood, Mass., had the four stores in Norwood, Stoughton, Brockton and Canton, Mass. Those stores will become Monro Muffler Brake stores.

Both sales are slated to close in August.

With the acquisitions, Monro now has 999 company-owned stores in 25 states and 145 Car-X franchise stores in 10 states.

 

 

You May Also Like

ATD Sponsors First Responder Appreciation Day

ATD supported the Gary Sinise Foundation’s event celebrating first responders and awarded grants to local fire and police departments.

ATD-GSF

American Tire Distributors (ATD) was the presenting sponsor for ‘First Responder Appreciation Day’ hosted by the Gary Sinise Foundation (GSF) at the U.S. National Whitewater Center. While free to attend, donations made during the event supported GSF’s initiatives, such as building custom homes for severely wounded heroes, honoring and supporting the families of our fallen, providing essential equipment and training for first responders, improving the mental wellness of our defenders and more.

Hankook Tire Announces Grand Slam Rebate Fall Promotion

Consumers who purchase at least four tires from eligible lines will qualify for the Grand Slam Rebate, with savings of up to $100.

Hankook-grand-slam-rebate
OTC Introduces 12-Ton Steel Jack Stands

The S012 stands are ideal for mid-size, heavy-duty vehicles, as well as construction, fleet, agricultural and vocational vehicles.

OTC-jack-stand
Tire Discounters Appoints New Leaders in Marketing, Supply Chain

Michael Sarow will serve as head of marketing and Jonathan Burns will serve as vice president of category management.

Mike-Sarow-jonathan-burns
Nexen Tire Approved as OE for Volkswagen’s Latest Atlas Model

Nexen gained OE approval for supplying Roadian GTX tires to Volkswagen’s latest Atlas model.

VW-OE-Nexen-Tyre

Other Posts

Nokian Tyres Relaunches Nordman as Standalone Tire Brand

Studded winter tires, the Nordman North 9 and Nordman North 9 SUV, are the first products under the relaunched brand.

Nordman_North_9
VIP Tires Builds on the Best During 2023 Managers Conference

The goal of the conference was to reaffirm VIP’s workplace culture, with managers participating in a wide range of team building activities.

VIP-2023-Managers-Conference-Tim-Talking-1400
Michelin’s Magog, Quebec Site Showcases Off-Road Mobility and R&D

This site serves as the global headquarters for Michelin’s off-road tire business line.

Michelin-Magog
Chapel Hill Tire Donates to CHHS Racing Program

Chapel Hill Tire announced it donated an additional $10,000 to Chapel Hill High School’s automotive program.

donation-stock