Les Schwab Tires has successfully expanded its territory into New Mexico with the acquisition of Four States Tire & Service, adding key retail locations and enhancing its market presence in the Southwestern United States.
Target Information
Les Schwab Tire Centers, recognized as one of the leading independent tire dealers in the United States, has made significant strides in expansion with the recent acquisition of Four States Tire & Service. This strategic move not only enhances their footprint in the industry but also enables them to implant new retail locations in Southern Colorado and Northern New Mexico, bringing their total presence to 550 locations across 14 states.
The acquisition of Four States Tire & Service adds four key retail locations in Farmington, New Mexico, and Cortez, Durango, and Pagosa Springs in Colorado. This development caps off a successful year of growth for Les Schwab, following prior acquisitions and organic expansions throughout the Western United States.
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Industry Overview
The tire retail industry in the United States has shown resilience and adaptability in recent years. With a steady increase in vehicle ownership and continued demand for tire services, independe
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Les Schwab Tire Centers
invested in
Four States Tire & Service
in 2024
in a Other deal