Mavis Tire has announced its acquisition of the auto-service chain Pep Boys for $700 million. This deal aims to enhance Mavis' market presence, especially in the western United States, where Pep Boys operates extensively. Following the acquisition, Mavis will expand its network to over 4,400 service centers across the United States and Canada.
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Mavis Tire announces acquisition of Pep Boys for $700 million
Mavis Tire has acquired Pep Boys for $700 million, aiming to strengthen its market presence, particularly in the western United States. The acquisition will increase Mavis' network to over 4,400 service centers in the US and Canada.
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Mavis Tire
Pep Boys
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Mavis Tire to acquire iconic auto-service chain Pep Boys in $700M deal
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Mavis Tire announces acquisition of Pep Boys for $700 million