HUNTERSVILLE, N.C. — American Tire Distributors Inc. (ATD) has acquired Pneus Superieurs Inc. of Quebec, expanding its network of warehouses in Canada operating under its National Tire Distributors (NTD) unit to 24.
The deal involves three distribution centers — in Boucherville, Quebec City and Sherbrooke, Quebec — which ATD said will shorten delivery times and increase product selection for customers in Quebec, thus helping NTD meet growing customer demand as Canada's economy beats growth projections.
Pneus Superieurs was the wholesale arm of Pneus Belisle Inc., a Boucherville, Quebec-based retailer.
Financial terms were not disclosed. ATD did not disclose how many personnel are involved nor what Pneus Superieurs' annual sales revenue is.
A fourth distribution center listed by Pneus Superieurs, in Victoriaville, is considered a "third-party handling facility" that was not owned by Pneus Superieurs, but will continue to operate in the same fashion as it did previously, ATD said.