Mavis Acquires Midas, Dominating $211 Billion Car Repair Market
Suburban New York tire retailer Mavis has acquired Midas, the best-known name in auto repairs, in its biggest deal to date. The combined entity will become the largest auto-repair chain in the country with approximately 4,400 stores.
Y. — The brothers behind suburban New York tire retailer Mavis have spent decades buying smaller rivals, with the latest step being the acquisition of Midas, the best-known name in repairs. Mavis is now the biggest auto-repair chain in the country, with some 4400 stores.