CHARLOTTE, N.C. (July 6, 2004) — American Tire Distributors Inc. has agreed to buy Texas Market Tire Inc. — better known as Big State Tire Supply — to expand its reach across Texas, Oklahoma and New Mexico.
Texas Market Tire/Big State Tire Supply operates seven distribution centers in Texas and one each in New Mexico and Oklahoma. The sites service more than 2,500 accounts, bringing ATD's coverage to more than 42,000 points of sale.
“Big State is the premier tire distributor in their geographic area,” said Richard Johnson, chairman and CEO of ATD. “They have built a solid business based on strong management, efficient operations and, most importantly, an unwavering commitment to customer service. This union will better position both companies for long-term success.”
Mel Shook and Jerry Hale, founders of Lubbock, Texas-based Big State Tire, will continue to manage ATD's markets in the three states.
Terms of the deal were not disclosed.