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  6. Groupe Touchette Acquires Fastco

M&A Deal Summary

Groupe Touchette Acquires Fastco

On July 11, 2023, Groupe Touchette acquired automotive company Fastco

Acquisition Highlights
  • This is Groupe Touchette’s 1st transaction in the Automotive sector.
  • This is Groupe Touchette’s 2nd transaction in Canada.
  • This is Groupe Touchette’s 1st transaction in Quebec.

M&A Deal Summary
Date 2023-07-11
Target Fastco
Sector Automotive
Buyer(s) Groupe Touchette
Deal Type Add-on Acquisition

Target

Fastco

Vaudreuil-Dorion, Quebec, Canada
Fastco is a manufacturer and distributor of alloy and steel wheels, as well as accessories. Fastco offers a variety of wheel product lines tailored for markets including tuning, luxury, electric vehicles, SUVs and trucks. Fastco was founded in 1989 and is headquartered in Vaudreuil-Dorion, Quebec.

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Buyer(S) 1

Buyer

Groupe Touchette

Montréal, Quebec, Canada
Category Company
Founded 1979
Sector Distribution
DESCRIPTION

Groupe Touchette is a distributor of tires to automotive manufacturers, dealers, and independent customers. Groupe Touchette was founded in 1979 and is based in Montréal, Québec.

DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 NTD

Burlington, Ontario, Canada

NTD is a tire, wheel, and accessory distribution company. NTD was founded in 2008 and is based in Burlington, Ontario.

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