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Dealer Tire Sells Canadian Subsidiary

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Groupe Touchette Inc. has entered into an agreement to purchase Dealer Tire Canada. As part of the deal Groupe Tochette will use the Dealer Tire model, offering dedicated merchandising, marketing, and tire wholesale services for the Canadian car dealer channel.

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Additonally, Dealer Tire and Groupe Touchette have entered into a long-term Technology and Service agreement in which the companies will partner to support current Dealer Tire Canada OEM programs.

“We are very excited about our collaborative agreement with Groupe Touchette,” said Scott Mueller, CEO of Dealer Tire LLC. “We were thoughtful in choosing a partner that we believed would continue to provide superior service to our OEM and dealer customers while also having a similar culture where our employees would continue to thrive.”

The transaction is expected to close Aug. 31, 2016. Terms of the acquisition have not been disclosed.

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