Is Les Schwab all over the country?
Les schwab tire centers’ operations are concentrated in the western united states, with a strong retail and service presence in states such as oregon, washington, california, idaho, montana, nevada, utah, and colorado. The company does not currently operate international retail locations under its brand. In total, les schwab tires has more than 8,600 employees and offers more than 550 locations in 14 states. Continued growth is planned for 2025.Aug. Updated Mon. Aug. Les Schwab Tire Centers is up for sale again, and the investment firm who owns the Bend-based company wants $7 billion for it, according to a new report from Reuters.
Who is Les Schwab owned by?
Meritage Group, which was launched by billionaire Nat Simons after he left hedge fund Renaissance Technologies in 1997, acquired Les Schwab Tire from its family owners in 2020 in a deal that sources said was worth about $3 billion. Central Oregon Daily News Meritage Group has owned Les Schwab since 2020, it values Les Schwab at more than $7 billion. The group has made clear a deal isn’t guaranteed. Central Oregon Daily reached out to Les Schwab, a company spokesperson says at this time Les Schwab has no comment.