What happened to Kauffman Tires?
What happened to Kauffman Tires?
08, 2018 (GLOBE NEWSWIRE) — Kauffman Tire, Inc. (“Kauffman Tire”), announced today that it will sell its 69 retail locations across Georgia and Florida to Mavis Discount Tire (“Mavis”). “We’ve admired Kauffman Tire for years.
What is Kauffman Tire?
Kauffman Tire, Inc. wholesales and retails auto parts. The Company distributes tires and tubes for passenger and commercial vehicles. Kauffman Tire serves clients in the United States.
Who bought Kauffman tires?
Mavis Tire Supply
Kauffman Tire Inc. is selling its 69 retail stores in Georgia and Florida to Mavis Tire Supply Corp. “We’ve admired Kauffman Tire for years,” says David Sorbaro, the co-CEO for Mavis.
Who did Mavis Tire buy?
Golden Gate
Golden Gate invested in Express Oil Change & Tire Engineers in 2017 and then acquired and merged it with Mavis Discount Tire the following year. Headquartered in Boston, BayPine started raising its first buyout fund last year.
How much is Mavis tire worth?
Mavis Tire Supply LLC has 3,709 total employees across all of its locations and generates $1.79 billion in sales (USD).
Is Mavis individually owned?
Mavis Discount Tire is one of the largest independent multi-brand tire dealers in the United States and offers a menu of additional services including brakes, alignments, suspension, shocks, struts, oil changes, battery replacement and exhaust work. Mavis still operates that original 7,000 square foot store in Mt.
Who owns National Tire Wholesale?
TBC Corporation
National Tire Wholesale/Parent organizations
National Tire Wholesale (NTW) is one of the largest U.S. tire distributors in the wholesale distribution market and is a wholly owned subsidiary of TBC Corporation, one of North America’s largest marketers of automotive replacement tires, headquartered in Palm Beach Gardens, FL.
Who is buying Mavis?
BayPine LP
(Reuters) – BayPine LP is in the lead to acquire Mavis Tire Express Services Corp for more than $6 billion, including debt, in what would be the private equity firm’s biggest deal since its inception last year, people familiar with the matter said on Tuesday.
Who manufactures Mavis?
Hankook
The Mavis Traction Control from Hankook is an all-season tire that’s designed for use on passenger cars such as coupes, sedans, CUVs, SUVs, and minivans and offers drivers strong traction and performance in dry and wet conditions.
How much is Mavis Tire worth?
