# Mavis Tire to buy iconic auto-service chain for $700 million

Mavis Tire is acquiring a well-known automotive service chain in a $700 million deal. The acquisition consolidates two major players in the tire and auto repair market. This move could reshape competition and service options for consumers.

**Importance:** 3/5

## Sources

### Business
- [Fox News Business](https://www.foxbusiness.com/markets/mavis-tire-acquire-iconic-auto-service-chain-700m-deal) — Wed, 22 Jul 2026 12:16:54 GMT