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Mr. Tire was founded in 1970 in Richfield, Minnesota.It distributed CO-OP brand tires and was controlled by Universal Cooperatives.It is a retailers' cooperative.As of 2001, the distributor had 102 affiliated dealers in 13 states.
In 2004, Monro purchased the 25 stores and 10 kiosks of Mr. Tire, a Baltimore, Maryland chain which trademarked "On the Rim and Out the Door" pricing. Later that year, Monro bought five Rice Tire locations and rebranded them as Mr. Tire Auto Service Centers. Monro now operates 132 Mr. Tire outlets.
Mr. Lube in Richmond Hill, Ontario. ML Royalties LP (doing business as Mr. Lube) is a Canadian chain of automotive service centres, specializing in oil changes and other scheduled maintenance. It was founded in 1976 by Clifford Giese, who opened its first location in Edmonton, Alberta. Mr. Lube is the largest quick oil chain in Canada.
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The combined company acquired additional tire brands: Savannah Tire, Trax Tires, Upton Tire, Epperly Tire, among others. [10] In June 2017, Express Oil Change & Tire Engineers, which had become the 10th-largest fast lube chain in the United States, [11] was acquired by San Francisco-based private equity firm Golden Gate Capital. [12]
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