They made the decision from a position of strength and based on the realities of being a family-owned business with five generations of family members. ![]() "The private company’s board of directors and its shareholders, who are all relatives of founder Les Schwab, decided to seek new ownership for the company. – DECEM– The nation’s highest-ranked, most customer-focused tire retailer – Les Schwab Tire Centers – announced its intention to sell the company to position it for additional growth and success, Les Schwab CEO Jack Cuniff announced today. ![]() ![]() The news that the company was considering a sale was first reported Tuesday morning by Bloomberg, quoting sources, quickly followed by a company news release confirming it has put itself on the market:
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