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Publication: Tire Business
Publication Date: 15-APR-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TBC's purchase of Mueller done

MEMPHIS, Tenn.-TBC Corp. has completed the acquisition of Cleveland-based Mueller Tire & Brake.

Mueller becomes part of TBC's Florida-based subsidiary, Tire Kingdom.

Exact terms of the transaction, which was announced several weeks ago, were not disclosed.

Mueller operates 15 retail tire stores in the Cleveland area and four in the Columbus area. The four Columbus stores will fly the Tire Kingdom banner.

The acquisition of the Mueller locations brings the number of Tire Kingdom stores to 204 compared with 182 at the end of 2001. Mr. Day said the number will increase ``as we execute our stated plan of adding at least 20 new company-operated stores during 2002, exclusive of acquisitions.''...

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