Mavis Acquires 11 Fla. Shops
March 15, 2018—Mavis Discount Tire has acquired Sun Tire & Automotive Service of Jacksonville, expanding its growing network of retail outlets in Florida to 25, Tire Business reports.
Terms of the transaction, which was finalized late last week, were not disclosed. Sun Tire founder Dick Erickson is no longer associated with the business, a Mavis spokesman said.
Sun Tire operates nine stores in Jacksonville and two in Tallahassee. The stores will continue to operate under the Sun Tire name for the foreseeable future, a spokesman said.
The deal is Mavis' third acquisition in Florida this year. In January it closed a deal to buy Kauffman Tire Inc.'s retail business—57 stores in Georgia and 12 in Florida.
Mavis itself is in the process of merging with Express Oil Change & Tire Engineers, a deal that will create a group with more than 870 locations in 24 states along the East Coast and throughout the South and Midwest.