MILLWOOD, NEW YORK--(Marketwired - Aug. 5, 2015) - Mavis Discount Tire ("Mavis") today announced it has acquired Somerset Tire Service, Inc. ("STS"), one of the largest tire retail chains in the United States. Based in Bridgewater, New Jersey, STS has 157 retail locations including 95 in New Jersey, 33 in Pennsylvania and 29 in New York. It also has six wholesale locations operated as "Banner Tire".
"We've always had tremendous respect for STS. They've been our competitor for more than three decades and we admire their commitment to providing great customer service," said David Sorbaro Mavis' Co-Chief Executive Officer. "We are very excited to welcome the STS team into the Mavis family and look forward to building on their great reputation to enhance a best-in-class tire retailer. Together, we will have 324 stores, nine wholesale locations and approximately 2,800 employees and we expect to grow all three areas significantly over the next several years."
"We are delighted to be joining the Mavis team. This is a great opportunity for us and a natural fit for our business," said STS Vice President of Sales and Marketing Pat Schulte. "We pride ourselves on providing exceptional service and superior value. This merger is the start of a new chapter and allows us to build the business for our employees and customers."
About Mavis
Mavis Discount Tire, based in Millwood, New York is one of the largest independent multi-brand tire dealers in the United States and offers a menu of additional services including brakes, alignments, suspension, shocks, struts, oil changes, battery replacement and exhaust work.
Contact Information:
Charity Dillon
914-984-2500