Midas hopes to apply a golden touch to the car repair business. In addition to focusing on brake and exhaust system services, the company’s facilities offer routine maintenance (oil changes, fluid replacements) and work on suspensions, shocks, and struts. The Midas network includes nearly 2,250 franchised and company-owned stores in 13 countries, including almost 1,500 locations throughout the US and Canada. In addition to these, the company has 160-plus quick-lube and maintenance shops operating under the SpeeDee Oil Change banner in the US and Mexico. Tire and auto repair company TBC Corporation owns Midas.
Consumer Goods Industry Insights