Mid-Year Report: TBC expects resurgence in tire sales

  • Mid-Year Report: TBC expects resurgence in tire sales
  • Mid-Year Report: TBC expects resurgence in tire sales
  • Mid-Year Report: TBC expects resurgence in tire sales
  • Will Tire Kingdom keep a brand name after acquiring TBC?
  • He hopes the company keeps and even expands the Tire Kingdom brand name after it acquires the business from TBC Corp. Mavis Tire Express Services Corp.’s recently finalized purchase of 595 TBC Corp.-owned retail tire stores “is a sign that strategic acquirers are still looking to get bigger.”
  • Is Mavis tire express a sign that strategic acquirers are getting bigger?
  • Mavis Tire Express Services Corp.’s recently finalized purchase of 595 TBC Corp.-owned retail tire stores “is a sign that strategic acquirers are still looking to get bigger.” That’s analyst John Healy’s take on what the deal signifies to the tire industry.
  • Does Michael McGregor think Mavis will end the NTB brand?
  • Michael McGregor expects Mavis will eventually do away with the NTB brand. He hopes the company keeps and even expands the Tire Kingdom brand name after it acquires the business from TBC Corp.
  • Does TBC own big O Tires?
  • “They’ve converted select stores to Big O franchises.” (Note: TBC owns the Big O Tires and Midas franchise programs.) “They’ve encouraged Big O franchisees to take on certain markets. And then in 2020, they sold 112 NTB stores to Mavis.
  • Are independent tire dealers competing against Tire Kingdom & NTB stores?
  • That said, “I don’t see how this really impacts independent tire dealers who are competing against” Tire Kingdom and NTB stores, since those locations were already active in their respective markets, says Michael McGregor, a partner at Focus Investment Banking and author of MTD’s monthly Mergers and Acquisitions column.

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