Tuesday, October 06, 2015
Current Weather
Loading Current Weather....
Published: Wednesday, 3/8/2006

New York chain to buy Pro-Care Automotive

An auto-service chain in Rochester, N.Y., is buying the assets of ProCare Automotive

service shops, which filed for Chapter 11 bankruptcy protection Sunday.

Monro Muffler Brake Inc. said it will pay $14 million in cash to acquire ProCare Automotive Service Solutions LLC, of Cleveland. The deal is subject to approval of bankruptcy court, but Monro has agreed to provide $3.65 million in debtor s

financing to keep ProCare afloat through bankruptcy proceedings.

Founded in 1985, ProCare has 82 service centers, including five in the Toledo area.

Monro, which has more than 600 stores, said it will keep the ProCare sites open as service or tire stores and will not cut any jobs.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.