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TriCan Tire Distributors Inc., a subsidiary of American Tire Distributors Holdings Inc., has agreed to buy Regional Tire Distributors Inc.
The acquisition will expand American Tire Distributors’ presence in the Ontario and Atlantic provinces of Canada. The distributor entered the Canadian market in November 2012 by purchasing TriCan. The acquisition adds nine distribution centers.
RTD Ontario operates five distribution centers in Ontario and four distribution centers in the Atlantic Provinces. The company has grown from two distribution centers in 2008 to its nine distribution centers today. RTD Ontario services 3,100 customers and is based in Burlington, Ontario.
Following the close of the acquisition, ATD will continue to run its Canadian operation as a stand-alone business unit.
American Tire Distributors and its subsidiaries plan to begin expanding their Canadian distribution centers in 2013 to support a broader product screen offering to customers. ATD and its subsidiaries also plan to add several new distribution centers across Canada by opening greenfield locations and potentially acquiring other Canadian distributors.
American Tire Distributors a distributor of tires to the replacement tire market. It operates 123 distribution centers, including 15 distribution centers in Canada, serving 70,000 customers across the U.S. and Canada.