Bill Trimarco, Hercules Tire & Rubber Co. president and CEO, sent Tire Review this statement on the proposed sale of the company to American Tire Distributors:
https://www.tirereview.com/Article/123246/atd_expounds_on_deal_to_purchase_hercules.aspx
This is a very significant step for our company and one that, we believe, will bring about new opportunities for our customers and tremendous growth for the Hercules brand. ATD is an industry leader with an outstanding portfolio of products and programs that complements ours extremely well. I have no doubt that the combined company will be the best supplier, bar none, in the industry.
On a more personal note, I couldn’t be more proud of our team and what they have done to build Hercules into the very strong brand and company that we are today. We’re also extremely grateful for our customers, whose support has been key to our growth and success.
This sale marks the start of a new era for Hercules, but one thing that will not change is our commitment to the brand and to providing outstanding value to our customers.