Tag: auto service consolidation
Mavis Pep Boys Deal Expands Auto Service Industry Consolidation
The Mavis Pep Boys deal is reshaping the U.S. automotive service industry after Mavis Tire agreed to acquire Pep Boys from Carl Icahn’s holding company for $700 million. The transaction further expands one of the nation’s largest tire and vehicle service networks while highlighting the growing concentration of major automotive service brands under a small…
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