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TriCan Tire Distributors, Inc., Burlington, Ontario, has acquired Kipling Tire Co., Etobicoke, Ontario.
This acquisition will further strengthen TriCan’s presence in the Southern Ontario region in Canada. TriCan began its expansion in Ontario and Eastern Canada by acquiring Regional Tire Distributors Inc. in the Ontario and Atlantic regions in May 2013.
Last December TriCan also acquired Vaughan, Ontario-based distributor Wholesale Tire Distributors Inc.
Kipling Tire has operated as a retail-wholesale business, servicing both the needs of the retail consumer and other tire retailers, since 1982. On the wholesale side of the business, Kipling Tire distributed product from its Etobicoke, Ontario, facilities to close to 400 accounts in Southern Ontario.
Kipling Tire’s retail operations were not acquired by TriCan and will continue to operate as a standalone business unit under its current ownership.
TriCan Tire Distributors operates 23 distribution centers in Canada, servicing tire retailers from coast to coast. TriCan Tire Distributors employs 350 employees in Canada.