Monro Muffler Brake Signs Agreement to Acquire Five Stores - aftermarketNews

Monro Muffler Brake Signs Agreement to Acquire Five Stores

Monro Muffler Brake has signed an agreement to acquire five retail tire stores from Donald Rice Tire Co., Inc. The stores are located in the Baltimore market and have combined sales of approximately $6.5 million. The company plans to provide further detail regarding the acquisition during its second quarter conference call on Oct. 14.

ROCHESTER, NY — Monro Muffler Brake has signed an agreement to acquire five retail tire stores from Donald Rice Tire Co., Inc. The stores are located in the Baltimore market and have combined sales of approximately $6.5 million.

Monro Muffler Brake currently operates 602 stores and 7 kiosks, and has 16 dealer locations in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine and Michigan.

The company plans to provide further detail regarding the acquisition during its second quarter conference call on Oct. 14.

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