American Tire Distributors Inc. will open a new distribution center in McCook, Ill., that will serve the greater Chicago area.
Tags: American Tire Distributors, Wholesaling
Bridgewater, N.J.-based Somerset Tire Service Inc. has opened a new distribution center in that city.
Tags: Consumer Tires, MTD 100, Somerset Tire Service, Wholesaling
"American Tire Distributors Inc.'s expansion into New England, set to begin in 2011, could very well be the biggest story of the year," writes Modern Tire Dealer Senior Editor Mike Manges in the latest installment of his Tire Talk with Mike blog.
American Tire Distributors Inc. says it will begin opening facilities in the northeastern region of the U.S. in 2011.
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Miami, Fla.-based Tire Group International is continuing its Latin American expansion with the addition of a new office in Sao Paulo, Brazil.
Tags: Exports, Private brand tires, Tire Group International, Wholesaling
Combined Locks, Wis.-based U.S. AutoForce has opened a new tire and auto parts distribution center in Madison, Wis.
Tags: Auto Service, Commercial Tires, U.S. Autoforce, Wholesaling
American Tire Distributors Inc. will relocate its Sioux Falls, S.D., distribution center to a new facility in the city that is presently under construction.
Under ownership of Investcorp, Berkshire Partners LLC and Greenbriar Equity Group LLC, American Tire Distributors Inc. has grown its footprint considerably over the last five years thanks to a number of major acquisitions.
Tags: American Tire Distributors, Investcorp, Wholesaling
In February 2005, Investcorp Managing Director Steve Puccinelli told www.moderntiredealer.com that the firm usually holds onto newly acquired properties for four-and-a-half years. At the time, Investcorp was preparing to acquire American Tire Distributors Inc. for $710 million.
TPG Capital, the Ft. Worth, Texas-based private equity firm that has signed a definitive agreement to acquire American Tire Distributors Inc. for more than $1 billion, is armed with more than $45 billion in capital.
Tags: American Tire Distributors, TPG Capital, Wholesaling
American Tire Distributors Holdings Inc., which is owned by affiliates of Investcorp, Berkshire Partners LLC and Greenbriar Equity Group LLC, has signed a definitive agreement to be acquired by affiliates of TPG Capital in a transaction valued at $1.3 billion.
Tire dealers are up in arms over the health care reform bill passed by the U.S. House of Representatives this past weekend. "I'm not pleased with it at all," says Jim Lynch, co-owner of Maine Commercial Tire Inc., an Augusta, Maine-based dealership.
Tags: Health care bill, Retail, Wholesaling
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