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ATD Buying Silver State and Golden State Tire

(Akron/Tire Review) American Tire Distributors (ATD) will buy out Nevada-based Silver State Tire Co. and Golden State Tire Distributors, giving ATD a foothold in Nevada and northern California.

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Terms of the deal, which is expected to close by the end of the month, were not announced.

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Founded in 1982, Silver State Tire and Golden State Tire have five warehouses and serve some 1,250 customers across Nevada and California.

“The addition of Silver State Tire and Golden State Tire enhances American Tire Distributors’ coast-to-coast service level,” said Dick Johnson, ATD’s chairman and CEO. “The Northern California and Nevada markets hold remarkable potential, given the population growth in these areas. We look forward to supporting and growing with the tire and custom wheel dealers in these expanding markets.”

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