Scottsdale-based Discount Tire to acquire and merge operations with Indiana’s Tire Rack

Dec 6, 2021, 4:15 AM
(Discount Tire Photo)...
(Discount Tire Photo)
(Discount Tire Photo)

PHOENIX — Scottsdale-based chain Discount Tire announced Friday it has acquired and will merge its operations with Indiana-based company Tire Rack.

The transaction is expected to close on Dec. 31, 2021, according to a press release.

As part of the agreement, the companies will work together on integration efforts, while Tire Rack advances its digital sales and online customer experience.

Operating nationwide, the combined company will employ over 25,000, according to the release.

Teams of Tire Rack are expected to continue in their roles, and Dean Muglia will remain as chief executive officer of Discount Tire.

Tire Rack CEO Mike Joines said in the release the company believes it can provide a greater impact through better service to its customers and better opportunities for its team members through the new partnership.

The tire testing company was sought after by Discount Tire for the same vision they share in transforming the omnichannel, B2B and fleet customer experiences, Michael Zuieback, Executive Chairman of the Board of Directors at Discount Tire, said in the release.

“We have for many years admired one another from afar, each pushing the industry forward to meet customers where they are most confident shopping for tires and wheels,” Dean Muglia, CEO at Discount Tire, said in the release.

Officials said they intend to use the brand name Tire Rack as online and Tire Rack Mobile Installations in the mobile installation arena.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Yelp Photo)...

Celebrate National Barbecue Day with these metro Phoenix restaurants

It's the perfect day for barbecue lovers in metro Phoenix to indulge guilt-free. Here's where to eat for National Barbecue Day.
13 hours ago
(Facebook Photo/Kris Mayes for Arizona)...
Kevin Stone

Democratic Arizona AG candidate says she wouldn’t prosecute abortion cases

Kris Mayes, Arizona’s lone Democratic candidate for attorney general, said she wouldn’t prosecute abortion cases if Roe vs. Wade gets overturned.
13 hours ago
(Best Buy Photo)...

Best Buy to convert store near Paradise Valley Mall into outlet

Big-box electronics retailer Best Buy announced plans to open an outlet store in Phoenix later this year.
13 hours ago
(Facebook Photo/Lake Pleasant Regional Park)...

MCSO divers recover body of 18-year-old from Lake Pleasant

Authorities have recovered the body of swimmer who went under at Lake Pleasant near Peoria on Sunday.
13 hours ago
Dorothy Walls (Photo via Phoenix Police Department)...

Silver Alert issued for Phoenix woman with medical condition

A Silver Alert was issued early Monday for a Phoenix woman with cognitive problems, authorities said.
13 hours ago
(Dignity Health Photo)...

Gilbert couple welcomes quadruplets at Phoenix hospital following complex delivery

The Crandell family in Gilbert has grown by four after recently welcoming quadruplets at a Valley hospital and the babies are finally at home after spending 10 weeks in a nursery intensive care unit following a complex delivery.
13 hours ago

Sponsored Articles

Canvas Annuity

The secret to guaranteed retirement income

Annuities aren’t really a secret, but they are so misunderstood that they might as well be. Once you understand what an annuity is and how it can benefit you, you could decide this “secret” is the perfect supplement to your retirement plan.

Key dates for Arizona sports fans to look forward to in April

April brings new beginnings in different ways for Arizona’s professional sports teams like the Suns and Diamondbacks.
Dr. Richard Carmona

COVID-19 shots continue long tradition of vaccines protecting public health

You want to feel safe. You want your family to be safe. Are vaccines safe? The simple and important answer is: Oh my yes!
Scottsdale-based Discount Tire to acquire and merge operations with Indiana’s Tire Rack