Mavis Discount Tire, Express Oil merger bank meeting set for Wednesday

By Marisa Wong

Morgantown, W.Va., Feb. 23 – A bank meeting is scheduled for 10:30 a.m. ET on Wednesday in connection with Mavis Discount Tire’s merger with Express Oil Change & Tire Engineers, according to a market source.

Mavis announced on Friday that it has signed a definitive agreement to merge with Express. Financial terms of the transaction were not disclosed.

The merger is expected to close in the first half of 2018.

Mavis is a tire and automotive service provider based in Millwood, N.Y. Express is an automotive service platform based in Birmingham, Ala.

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