Burlington, ON-based TriCan Tire Distributors has acquired the wholesale distribution business of the Kipling Tire Co. Financial terms of the transaction were not disclosed. Kipling Tire has operated as a retail-wholesale business since 1982. On the wholesale side, Kipling Tire distributed product from its Etobicoke, ON facilities to close to 400 accounts in southern Ontario.
Kipling Tire’s retail operations were not acquired by TriCan and will continue to operate as a stand-alone business unit under its current ownership.
This acquisition will strengthen TriCan’s presence in southern Ontario.
TriCan, which is owned by American Tire Distributors (ATD), has been expanding in Ontario and Eastern Canada for some time — first, by acquiring Regional Tire Distributors in the Ontario and Atlantic regions in May 2013, and then by purchasing Wholesale Tire Distributors more recently.
Now, TriCan is one of the largest independent suppliers of tires to the Canadian replacement tire market. It operates 23 distribution centers in Canada, servicing tire retailers from coast to coast.
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