American Tire Distributors Completes Sale of National Tire Distributors to Groupe Touchette Inc.
Sep 7, 2022
. News provided by Share this article Share this article HUNTERSVILLE, N.C., Sept. 7, 2022 /PRNewswire/ -- American Tire Distributors ("ATD") today announced the completion of the sale of its Canadian subsidiary, National Tire Distributors ("NTD"), to Groupe Touchette Inc. ("Groupe Touchette"). With the sale of NTD now complete, ATD is moving forward as a more focused organization that is better positioned to serve its customers across the U.S. and invest in the enhanced innovation that is driving its transformation efforts. In addition, with the transaction complete, ATD will advance its goal of reducing emissions by increasing supply chain efficiency and providing technology-enabled connectivity and efficiency through its diverse line of products. ATD will continue supporting NTD and Groupe Touchette through its new commercial relationship, under which ATD will supply the combined company with its proprietary Hercules and Ironman brand tires and make its advanced analytics software and productivity-enabling tools available to Groupe Touchette's network. "With the completion of this transaction, we now have more resources, focus and flexibility to build on our momentum and accelerate our transformation," said Stuart Schuette, President and Chief Executive Officer of ATD. "We are driving our strategy forward, rolling out new tools and capabilities and delivering even more connected automotive solutions for the customers and manufacturers we serve. Across ATD, we are excited to continue leading the pace of change in our industry by providing even more connected and better products and services than ever before." Mr. Schuette continued, "We look forward to continuing to support NTD and Groupe Touchette as their combined business grows in Canada.
Through our collaboration, we will help pave the way in developing a cleaner tire industry of the future. We wish the NTD team the best as they officially embark on their next phase as part of Groupe Touchette. I also want to recognize the hard work and dedication of ATD's associates, who will continue to drive our success as we move forward." Moelis & Company LLC served as financial advisor to ATD and Davies Ward Phillips & Vineberg LLP and Troutman Pepper Hamilton Sanders LLP served as its legal counsel. About American Tire Distributors American Tire Distributors is one of the largest independent suppliers of tires to the replacement tire market. It operates more than 115 distribution centers serving approximately 80,000 customers across the U.S. The company offers an unsurpassed breadth and depth of inventory, frequent delivery and value-added services to tire and automotive service customers. American Tire Distributors employs approximately 4,500 associates across its distribution center network.
In 2022, the company was recognized as one of Forbes' 2022 America's Best Midsize Employers and a Most Loved Workplace by Newsweek. Media Contacts
Sep 7, 2022
12:00 EDT Groupe Touchette completes its acquisition of National Tire Distributors (NTD)
Scroll
Since 2015, North Country Tire Distributors has grown by leaps and bounds. We have developed from a local Alberta Distributor to one of the key tire distributors in Western Canada, with distribution centres from Manitoba to British Columbia. Over the past few years, we have been establishing ourselves as a fast growing and reliable distributor thanks to our employees and customers.
To pursue our growth plan, we’ve entered into a strategic agreement with Distribution Stox, our long-standing partner who will help support our ambitions to continue to grow and become a national player in the industry.
Both organizations are aligned in their values and operate with the utmost integrity when it comes to our customers and employees. It is a privilege to serve them, and together we will follow through on our commitments.
Being safe on winter roads brings an important question: what type of tires do you need when temperatures drop, and snow starts to fall? What's the difference between winter tires and all-season? What about all-weather – how is that different from all-season?
Choosing the right tire should be based on the road conditions you’ll be driving in during the winter months in your region. Some roadways in British Columbia require winter tires for travel on them.
Learn more
NCT has a dedicated team of tire professionals to ensure your business will always be taken care of.
Daily Deliveries, Fast Shipping, Expert Territory Managers and Knowledgeable Customer Service Teams are dedicated to find the right solution for your needs. NCT is here to simplify your tire buying experience, help grow your business, and drive more sales. Contact North Country Tire today to find out more about their products and services.
Learn more
ATV & TURF
INDUSTRIAL
PASSENGER & LIGHT TRUCK
MEDIUM TRUCK
ST Trailer
Agricultural
Construction
Wheels
Find the perfect set of rims for your vehicle with our Wheel Visualizer tool.
With the most vehicle makes and models to choose from, the Wheel Visualizer lets you see what our custom wheels look like after they are mounted on your car, truck, or SUV. NCT Wheels makes it easy to build your ride, in style, before you decide to buy.
Start here by entering your vehicle’s details.
Partner
with us
Join our team
NCT
Garage
Coming
soon
Connect
with us
{{#description}}
{{{description}}}
{{/description}}
{{/hits}}
{{#showAllResults}}
Show all results
{{/showAllResults}} {{/total_hits}}
Kazakhstan
0003
Danmark
Deutschland
Global (English)
Italia
Nederland
North America (English)
North America (French)
Polska
Switzerland
Sverige
Osterreich
Bulgaria
Ukraine
