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Midas International

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Founded 1954 United States Palm Beach Gardens, United States 2072 employees Automotive

General Information

Company Name Midas International
Founded Year 1954
Location United States Palm Beach Gardens, United States +1
Employees 2072
Industries Automotive
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About 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.

Taxonomy: car maintenance, car repair, franchise system, global expansion, corporate acquisitions, tire market, brand evolution, service store network, parent company, strong brand awareness, auto aftermarket, consumer recognition, longevity in car ownership, strategic partnerships

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FAQ About Midas International

Our parts are backed by our Golden Guarantee™
Midas International was founded in 1954.
Midas International is headquartered in Palm Beach Gardens, United States.
Midas International operates in the following industries: Automotive.
Midas International has approximately 2072 employees.
Top alternatives and competitors to Midas International include ParkinGO, Evenflo Company, Inc., Shandong Gold Phoenix Co.,Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Midas International and ParkinGO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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