M&A Deal Summary

Monro Acquires Kramer Tire Company

On April 1, 2012, Monro acquired distribution company Kramer Tire Company

Acquisition Highlights
  • This is Monro’s 1st transaction in the Distribution sector.
  • This is Monro’s 3rd transaction in the United States.
  • This is Monro’s 1st transaction in Virginia.

M&A Deal Summary

Date 2012-04-01
Target Kramer Tire Company
Sector Distribution
Buyer(s) Monro
Deal Type Add-on Acquisition

Target

Kramer Tire Company

Norfolk, Virginia, United States
Kramer Tire Company, Inc. is an independent tire dealer chains in the U.S.

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Buyer(S) 1

Buyer

Monro

Rochester, New York, United States

Category Company
Founded 1957
Sector Automotive
Employees8,750
Revenue 1.3B USD (2024)
DESCRIPTION

Monro provides automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire, Tire Warehouse, Tire Barn, Towery's Tire and Auto Care and Tire Choice. Monro was founded in 1957 and is based in Rochester, New York.


DEAL STATS #
Overall 3 of 5
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 3 of 5
State (Virginia) 1 of 1
Country (United States) 3 of 5
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-22 Vespia Tire Centers

New Jersey, United States

Vespia Tire Centers, Inc. is a provider of automotive services in US.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 The Tire Choice & Total Car Care

Tampa, Florida, United States

The Tire Choice & Total Car Care is one-stop shop for the highest quality tires and automotive service and repairs. Our service facilities are state-of-the-art.

Buy -