Mavis Acquires Kauffman Tire’s Retail Business
Wednesday, January 10th, 2018
Kauffman Tire, Inc., announced that it will sell its 69 retail locations across Georgia and Florida to Mavis Discount Tire.
“We’ve admired Kauffman Tire for years. It’s a strong operator with a great reputation and complimentary offerings in a new geography for Mavis,” said David Sorbaro, Mavis’ Co-Chief Executive Officer. “We’re very excited to welcome the Kauffman Tire stores into the Mavis family and look forward to building a significant retail presence in the South East.”
“This is an excellent development in Kauffman Tire’s history. We’re pleased our retail stores will continue to be operated by a family-run business and feel this is a natural fit and great outcome for our employees and customers,” said Mark Kauffman Chief Executive Officer of Kauffman Tire. “We can now turn our attention to focus on growing our significant wholesale distribution business.”
The terms of the transaction were not disclosed.