Did Mavis Tire Buy NTB?
Yes, Mavis Tire did acquire NTB (National Tire and Battery) in 2012. This acquisition marked a significant milestone in the expansion strategy of Mavis Tire, now known as Mavis Discount Tire. With the addition of NTB, Mavis Tire became one of the largest independent tire and automotive service providers in the United States.
History of Mavis Tire
Mavis Tire started its humble journey in 1972 as a single tire store in Bellerose, New York. Over the years, the company grew steadily by providing quality products and excellent customer service. Today, Mavis has over 1,000 locations across the United States and has gained a reputation for being a trusted name in the tire and automotive service industry.
The Acquisition of NTB
In 2012, Mavis Tire took a major step forward in its expansion strategy by acquiring NTB. NTB was founded in 1997 as a merger between two tire retailers, Tire America and National Tire Warehouse. The acquisition of NTB enabled Mavis Tire to significantly increase its national presence and customer base.
The acquisition of NTB by Mavis Tire brought together two well-established and respected brands in the industry. The combination of Mavis Tire’s expertise and NTB’s strong market presence allowed both companies to enhance their offerings and provide a wider range of services to customers.
Benefits of the Acquisition
The acquisition of NTB provided several benefits for both Mavis Tire and NTB. For Mavis Tire, the acquisition allowed them to expand their footprint in new markets and increase their customer base. It also provided an opportunity for Mavis Tire to leverage NTB’s brand recognition and reputation to strengthen its position in the industry.
On the other hand, NTB benefitted from the acquisition by gaining access to Mavis Tire’s extensive resources and expertise. This enabled NTB to improve its operational efficiencies and offer a broader range of products and services to its customers.
Overall, the acquisition of NTB by Mavis Tire created a synergy that positioned the combined entity as a formidable player in the tire and automotive service industry.
Expansion Strategy and Growth
The acquisition of NTB was just one of the many steps taken by Mavis Tire to fuel its growth and expansion strategy. After the acquisition, Mavis Tire continued to expand its presence by opening new locations and acquiring other well-established tire retailers.
The company focused on maintaining its commitment to providing exceptional customer service and high-quality products. This customer-centric approach, combined with strategic acquisitions and organic growth, played a significant role in Mavis Tire’s success in the industry.
Today, Mavis Discount Tire is recognized as one of the largest independent tire and automotive service providers in the United States. The company continues to grow and serve customers across multiple states with a vast network of locations.
Frequently Asked Questions
Q: Are Mavis Tire and NTB the same company?
Yes, Mavis Tire and NTB are now part of the same company. Mavis Tire acquired NTB in 2012, and the two brands operate under the umbrella of Mavis Discount Tire.
Q: Can I get tires and automotive services at both Mavis and NTB locations?
Yes, you can get tires and automotive services at both Mavis and NTB locations. The acquisition of NTB by Mavis Tire expanded the service offerings of both brands, allowing customers to choose from a wide range of options for their tire and automotive service needs.
Q: Does the acquisition affect the warranties and guarantees provided by NTB?
No, the acquisition does not affect the warranties and guarantees provided by NTB. Mavis Tire honors all warranties and guarantees offered by NTB, ensuring that customers continue to receive the same level of support and peace of mind.
Q: Will the NTB brand continue to exist?
While Mavis Tire acquired NTB, the NTB brand continues to exist. NTB locations operate under their own name but are now part of the Mavis Discount Tire family. This allows customers to choose between Mavis Tire and NTB locations based on their preferences and convenience.
Final Thoughts
The acquisition of NTB by Mavis Tire proved to be a strategic move that propelled the company’s growth and cemented its position as a leading tire and automotive service provider. The combined entity, now known as Mavis Discount Tire, continues to serve customers with a vast network of locations and a wide range of products and services.
With a commitment to customer satisfaction and a focus on quality, Mavis Discount Tire stands as a trusted name in the industry. Whether you visit a Mavis Tire or an NTB location, you can expect excellent service, expert advice, and a seamless experience for all your tire and automotive service needs.