Current Issue

ATD/TriCan buys Ontario wholesale biz

Comments Email

BURLINGTON, Ontario (Jan. 20, 2014) — TriCan Tire Distributors Inc. has acquired the wholesale distribution business of Kipling Tire Co. Ltd., expanding its presence in southern Ontario.

TriCan Tire, a subsidiary of American Tire Distributors Holdings Inc. (ATD), did not disclose financial terms of the deal. Etobicoke, Ontario-based Kipling Tire’s retail business is not affected by the deal, the parties said.

Through its wholesale operation in Etobicoke, Kipling served around 400 accounts in southern Ontario.

This is ATD/TriCan’s second acquisition since being acquired itself by ATD in late 2012.

Last May TriCan acquired Regional Tire Distributors Inc. of Burlington, Ontario, for about $62.5 million, adding five distribution centers in Ontario and four in the Atlantic Provinces, and this past December it bought Wholesale Tire Distributors Inc. (WTD) of Vaughan, Ontario, with two distribution centers serving customers southern Ontario.

More Polls>

TB Reader Poll

Previous | Published March 24, 2017

What do you think of the Republicans' health care plan?

I'll wait to see how much it costs.
12% (30 votes)
Anything is better than Obamacare.
21% (53 votes)
They should just improve the existing ACA plan.
38% (95 votes)
Get rid of the entitlement altogether.
19% (47 votes)
The Affordable Care Act is fine the way it is.
9% (23 votes)
Total votes: 248
More Polls »