Midas International

Midas International, established in 1956, has expanded to over 2,100 global locations, offering comprehensive car care services. Originally recognized for its pioneering national warranty for mufflers, Midas has evolved into a full-service vehicle maintenance and repair expert. TBC Corporation, the parent company, acquired Midas in 2012 and has leveraged its position as a leading marketer and distributor in the automotive replacement market to further enhance Midas' offerings, even including tires. Sumitomo Corporation of Americas, a prominent player in global trade, acquired TBC in 2005. Moreover, in April 2018, Michelin North America secured a 50% interest in TBC via a joint venture with Sumitomo Corporation of Americas. Midas International, a renowned brand in the retail industry, has seen substantial growth and support under TBC Corporation's ownership. With its solid foundation and strong backing from industry leaders like Sumitomo Corporation of Americas and Michelin North America, Midas is well-positioned to continue expanding its service lines and reaching a wider customer base. As the automotive sector evolves and vehicles' lifespan increases, Midas' emphasis on maintaining and servicing vehicles for the long term aligns with current market trends and consumer needs, promising sustained relevance and profitability.