Groupe Touchette acquires ATD’s Canadian subsidiary

Canadian tyre distributor Groupe Touchette Inc. has entered into a definitive agreement to acquire National Tire Distributors (NTD), the Canadian subsidiary of American Tire Distributors (ATD). The transaction is expected to close in the fourth quarter of 2022, subject to the satisfaction of customary closing conditions. Groupe Touchette says the addition of NTD will “significantly contribute” to its ability to serve customers and business partners while increasing the choices it can offer customers.

As part of the agreement, the companies will enter into a commercial relationship under which ATD will supply the combined Canadian company with its proprietary Hercules and Ironman brand tyres and make its analytics software and productivity-enabling tools available to Groupe Touchette’s network.

With NTD, Groupe Touchette anticipates growth that will create new job opportunities across Canada. The company looks forward to bolstering its service offering through the integration of NTD’s workforce and industry knowledge. The combined business will continue to be headquartered in Montreal and will maintain a national support centre in Burlington, Ontario, as well as regional offices across Canada. Following the close of the transaction, Groupe Touchette will serve all major manufacturers and supply customers across the country.

Offering powerful solutions

“On behalf of the entire Groupe Touchette team, we are absolutely thrilled to welcome NTD into our growing family,” said Nicolas Touchette and Frédéric Bouthillier, co-owners at Groupe Touchette. “In these challenging times, and in this ever-evolving industry, the environmental and technological realities bring a high complexity on a 360-degree perspective. Groupe Touchette’s plan is to offer powerful solutions that drive efficiencies and streamline the supply chain for the benefit of customers, consumers and manufacturers. NTD’s addition will help us reach our goal to best serve Canadians!”

“Today’s announcement is another important step forward for NTD, ATD and our industry as a whole,” said Stuart Schuette, president and chief executive officer of ATD. “We are very proud of the Canadian business we have built in NTD and are pleased to have reached an agreement with Groupe Touchette that secures a tremendous future for it and the incredible associates, customers and partners who support it. Thanks to our agreement with Groupe Touchette, we are helping pave the way in developing a cleaner tyre industry of the future, with technology-enabled connectivity and efficiency through our diverse line of products. We look forward to working with Groupe Touchette, as we push best practices and continue leading the pace of change in our industry.”

“This is an exciting development for the NTD team, our associates, business partners, customers and, ultimately, Canadian drivers,” added George McClean, president of NTD. “We are grateful to have been a part of ATD and for their vision, innovation and operational support that have positioned us for continued growth and success. Looking ahead, we are excited to become a part of Groupe Touchette, and we will work together to surpass the growing needs of our customers and consumers in Canada while increasing supply chain efficiency and reducing emissions.”