M&A Deal Summary |
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|---|---|
| Date | 2022-09-07 |
| Target | NTD |
| Sector | Distribution |
| Buyer(s) | Groupe Touchette |
| Sellers(s) | ATD |
| Deal Type | Divestiture |
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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 | 1 of 1 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1935 |
| Sector | Distribution |
| Revenue | 2.2B USD (2013) |
ATD is a supplier of tires to the replacement tire market. It operates more than 130 distribution centers, including 24 distribution centers in Canada, serving approximately 80,000 customers across the U.S. and Canada. ATD was established in 1935 and is based in Huntersville, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-19 |
Tires Now
Rochester, New York, United States Tires Now operate seven facilities across the Southeastern United States, servicing more than 3,500 wholesale customer locations annually. |
Buy | $105M |
