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Monro, Inc. Signs a Definitive Agreement to Acquire Mountain View Tire & Service, Inc.
Monro, Inc.March 10, 2021 GMT
~ Acquisition of 30 California-based Stores, Adding $45 Million in Expected Annualized Sales ~
~ Expands Presence in Attractive Western Region with a Total of 116 Stores ~
ROCHESTER, N.Y., March 10, 2021 (GLOBE NEWSWIRE) Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that it has signed a definitive agreement to acquire California-based Mountain View Tire & Service, Inc.
The acquisition includes 30 Mountain View Tire & Auto Service retail stores located in the Los Angeles area, further solidifying the Company’s geographic footprint in California. Monro will continue to operate all of these locations.