American Tire Distributors has purchased Albert Tire, a northeast and mid-Atlantic wholesale tire distributor.
ATD closed the deal on June 30. The acquisition excludes some assets in Albert Tire’s West Deptford, N.J.- headquarters, according to a press release.
“The opportunity for ATD and Albert Tire to join forces is very positive for the future of our mutual customers,” said William Berry, president and CEO of American Tire Distributors. “The strengths of ATD and Albert Tire align very well, as both companies focus on providing customers with unsurpassed product availability and industry-leading service levels.”
Albert Tire operates distribution centers in West Deptford, N.J., York, Pa., Beltsville, Md., and Manassas, Va.