Mavis Tire Express completed the acquisition of the NTB and Tire Kingdom businesses from TBC.

Mavis Tire Express, an independent tire retailer and wholesaler, completed the acquisition of the NTB and Tire Kingdom businesses from TBC, a provider of mobility solutions. Financial terms were not disclosed. “We are grateful for the countless contributions our NTB and TK associates have made to our business and their customers. We look forward to their continued successes as part of Mavis. This transaction is an important step in the TBC strategic growth plan as a leader in the mobility and automotive industry. We are now well-positioned to drive sustained growth and innovation with more focused business strategies to enable the company to maximize value for its customers and partners," Sam Kato, TBC President and Chief Executive Officer.