MONTRÉAL (July 12, 2016) — Dealer Tire L.L.C, the Cleveland, Ohio-based wholesaler dedicated to serving new car dealers, has agreed to sell its Canadian arm, Dealer Tire Canada U.L.C., to Groupe Touchette Inc., a Montreal-based tire wholesaler and retailer.
The transaction is scheduled to close on Aug. 31, at which time all assets and contracts will be transferred to Groupe Touchette. Financial details are not being disclosed.